JK Agri Genetics Ltd posts loss of Rs. 9.57 crores in Q3FY23

JK Agri Genetics Ltd has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 23.3723 crores during the period ended December 31, 2022 as compared to Rs. 16.2272 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -9.5704 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -15.7689 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -20.64 for the period ended December 31, 2022 as compared to Rs. -34.01 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹23.3723 crs	₹16.2272 crs	44.03%
Net Profit	₹-9.5704 crs	₹-15.7689 crs	39.31%
EPS	₹-20.64	₹-34.01	39.31%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.23.3723 crores during the period ended December 31, 2022 as compared to Rs.41.2824 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-9.5704 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-4.3550 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-20.64 for the period ended December 31, 2022 as compared to Rs.-9.39 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹23.3723 crs	₹41.2824 crs	-43.38%
Net Profit	₹-9.5704 crs	₹-4.3550 crs	119.76%
EPS	₹-20.64	₹-9.39	119.81%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.156.5798 crores during the 9 Months period ended December 31, 2022 as compared to Rs.180.3272 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-13.1369 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.3.4254 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-28.33 for the 9 Months period ended December 31, 2022 as compared to Rs.7.39 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹156.5798 crs	₹180.3272 crs	-13.17%
Net Profit	₹-13.1369 crs	₹3.4254 crs	-483.51%
EPS	₹-28.33	₹7.39	-483.36%

Shares of JK Agri Genetics Ltd was last trading in BSE at Rs. 466.10 as compared to the previous close of Rs. 469.45. The total number of shares traded during the day was 940 in over 33 trades.

The stock hit an intraday high of Rs. 479.50 and intraday low of 461.00. The net turnover during the day was Rs. 439105.00.

Source : Equity Bulls

Keywords

JKAgriGenetics Q3FY23 9MFY23 ResultUpdate