Solid Stone Company Ltd Q3 FY23 consolidated profit drops QoQ to Rs. 23.06 lakhs

SOLID STONE COMPANY LTD. has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 8.3033 crores during the period ended December 31, 2022 as compared to Rs. 7.3046 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.2306 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.2884 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.43 for the period ended December 31, 2022 as compared to Rs. 0.54 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹8.3033 crs	₹7.3046 crs	13.67%
Net Profit	₹0.2306 crs	₹0.2884 crs	-20.04%
EPS	₹0.43	₹0.54	-20.37%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.8.3033 crores during the period ended December 31, 2022 as compared to Rs.6.5069 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2306 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.1636 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.43 for the period ended December 31, 2022 as compared to Rs.-0.30 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹8.3033 crs	₹6.5069 crs	27.61%
Net Profit	₹0.2306 crs	₹-0.1636 crs	240.95%
EPS	₹0.43	₹-0.30	243.33%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.22.3043 crores during the 9 Months period ended December 31, 2022 as compared to Rs.15.2484 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2588 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.8976 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.48 for the 9 Months period ended December 31, 2022 as compared to Rs.-1.67 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹22.3043 crs	₹15.2484 crs	46.27%
Net Profit	₹0.2588 crs	₹-0.8976 crs	128.83%
EPS	₹0.48	₹-1.67	128.74%

Shares of SOLID STONE COMPANY LTD. was last trading in BSE at Rs. 37.15 as compared to the previous close of Rs. 39.10. The total number of shares traded during the day was 3 in over 3 trades.

The stock hit an intraday high of Rs. 40.30 and intraday low of 37.15. The net turnover during the day was Rs. 116.00.

Source : Equity Bulls

Keywords

SolidStoneCompany Q3FY23 9MFY23 ResultUpdate