Investment and Precision Castings Ltd Q3 FY23 consolidated PAT jumps to Rs. 1.93 crore

INVESTMENT & PRECISION CASTINGS 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. 42.3373 crores during the period ended December 31, 2022 as compared to Rs. 44.4520 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.9332 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.4381 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.87 for the period ended December 31, 2022 as compared to Rs. 0.88 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹42.3373 crs	₹44.4520 crs	-4.76%
Net Profit	₹1.9332 crs	₹0.4381 crs	341.27%
EPS	₹3.87	₹0.88	339.77%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.42.3373 crores during the period ended December 31, 2022 as compared to Rs.31.9598 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.9332 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.2337 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.87 for the period ended December 31, 2022 as compared to Rs.-0.47 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹42.3373 crs	₹31.9598 crs	32.47%
Net Profit	₹1.9332 crs	₹-0.2337 crs	927.21%
EPS	₹3.87	₹-0.47	923.40%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.126.0373 crores during the 9 Months period ended December 31, 2022 as compared to Rs.96.6788 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.6635 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.9954 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.33 for the 9 Months period ended December 31, 2022 as compared to Rs.1.99 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹126.0373 crs	₹96.6788 crs	30.37%
Net Profit	₹2.6635 crs	₹0.9954 crs	167.58%
EPS	₹5.33	₹1.99	167.84%

Shares of INVESTMENT & PRECISION CASTINGS LTD. was last trading in BSE at Rs. 294.55 as compared to the previous close of Rs. 295.10. The total number of shares traded during the day was 1338 in over 30 trades.

The stock hit an intraday high of Rs. 304.70 and intraday low of 289.00. The net turnover during the day was Rs. 393852.00.

Source : Equity Bulls

Keywords

InvestmentandPrecisionCastings Q3FY23 9MFY23 ResultUpdate