Stock Report

RACL Geartech Ltd consolidated Q3FY23 net profit higher at Rs. 11.97 crores



Posted On : 2023-02-06 15:13:39( TIMEZONE : IST )

RACL Geartech Ltd consolidated Q3FY23 net profit higher at Rs. 11.97 crores

RACL Geartech 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. 100.0074 crores during the period ended December 31, 2022 as compared to Rs. 90.2070 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 11.9708 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 9.8609 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 11.10 for the period ended December 31, 2022 as compared to Rs. 9.15 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹100.0074 crs ₹90.2070 crs Up Tick / Down Tick10.86%
Net Profit ₹11.9708 crs ₹9.8609 crs Up Tick / Down Tick21.40%
EPS ₹11.10 ₹9.15 Up Tick / Down Tick21.31%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.100.0074 crores during the period ended December 31, 2022 as compared to Rs.75.0752 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.11.9708 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.5224 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.11.10 for the period ended December 31, 2022 as compared to Rs.6.98 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹100.0074 crs ₹75.0752 crs Up Tick / Down Tick33.21%
Net Profit ₹11.9708 crs ₹7.5224 crs Up Tick / Down Tick59.14%
EPS ₹11.10 ₹6.98 Up Tick / Down Tick59.03%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.271.0336 crores during the 9 Months period ended December 31, 2022 as compared to Rs.202.1134 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.27.8761 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.18.9985 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.25.86 for the 9 Months period ended December 31, 2022 as compared to Rs.17.62 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹271.0336 crs ₹202.1134 crs Up Tick / Down Tick34.10%
Net Profit ₹27.8761 crs ₹18.9985 crs Up Tick / Down Tick46.73%
EPS ₹25.86 ₹17.62 Up Tick / Down Tick46.77%

Shares of RACL Geartech Ltd was last trading in BSE at Rs. 765.75 as compared to the previous close of Rs. 753.25. The total number of shares traded during the day was 11303 in over 415 trades.

The stock hit an intraday high of Rs. 785.00 and intraday low of 730.10. The net turnover during the day was Rs. 8563776.00.

Source : Equity Bulls

Keywords

RACLGeartech Q3FY23 9MFY23 ResultUpdate