Kriti Industries India Ltd Q3 FY23 consolidated profit higher at Rs. 4.55 crore

KRITI INDUSTRIES (INDIA) 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. 256.1895 crores during the period ended December 31, 2022 as compared to Rs. 104.4710 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 4.5518 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -34.4437 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.92 for the period ended December 31, 2022 as compared to Rs. -6.94 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹256.1895 crs	₹104.4710 crs	145.23%
Net Profit	₹4.5518 crs	₹-34.4437 crs	113.22%
EPS	₹0.92	₹-6.94	113.26%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.256.1895 crores during the period ended December 31, 2022 as compared to Rs.119.1449 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.5518 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.4.0766 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.92 for the period ended December 31, 2022 as compared to Rs.0.82 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹256.1895 crs	₹119.1449 crs	115.02%
Net Profit	₹4.5518 crs	₹4.0766 crs	11.66%
EPS	₹0.92	₹0.82	12.20%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.547.4434 crores during the 9 Months period ended December 31, 2022 as compared to Rs.386.3420 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-38.9972 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.21.9044 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-7.86 for the 9 Months period ended December 31, 2022 as compared to Rs.4.42 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹547.4434 crs	₹386.3420 crs	41.70%
Net Profit	₹-38.9972 crs	₹21.9044 crs	-278.03%
EPS	₹-7.86	₹4.42	-277.83%

Shares of KRITI INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs. 77.55 as compared to the previous close of Rs. 77.40. The total number of shares traded during the day was 16954 in over 477 trades.

The stock hit an intraday high of Rs. 82.05 and intraday low of 72.60. The net turnover during the day was Rs. 1290809.00.

Source : Equity Bulls

Keywords

KritiIndustriesIndia Q3FY23 9MFY23 ResultUpdate