Avadh Sugar and Energy Ltd posts Rs. 17.73 crores profit in Q3FY23

Avadh Sugar & Energy Limited 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. 676.4430 crores during the period ended December 31, 2022 as compared to Rs. 594.3431 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 17.7356 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -16.2811 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 8.86 for the period ended December 31, 2022 as compared to Rs. -8.14 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹676.4430 crs	₹594.3431 crs	13.81%
Net Profit	₹17.7356 crs	₹-16.2811 crs	208.93%
EPS	₹8.86	₹-8.14	208.85%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.676.4430 crores during the period ended December 31, 2022 as compared to Rs.747.0564 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.17.7356 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.28.8641 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.8.86 for the period ended December 31, 2022 as compared to Rs.14.41 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹676.4430 crs	₹747.0564 crs	-9.45%
Net Profit	₹17.7356 crs	₹28.8641 crs	-38.55%
EPS	₹8.86	₹14.41	-38.51%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1959.1935 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1987.4418 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.21.1461 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.73.0559 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.56 for the 9 Months period ended December 31, 2022 as compared to Rs.36.49 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1959.1935 crs	₹1987.4418 crs	-1.42%
Net Profit	₹21.1461 crs	₹73.0559 crs	-71.05%
EPS	₹10.56	₹36.49	-71.06%

Shares of Avadh Sugar & Energy Limited was last trading in BSE at Rs. 467.70 as compared to the previous close of Rs. 476.25. The total number of shares traded during the day was 8222 in over 600 trades.

The stock hit an intraday high of Rs. 480.40 and intraday low of 460.00. The net turnover during the day was Rs. 3883163.00.

Source : Equity Bulls

Keywords

AvadhSugarandEnergy Q3FY23 9MFY23 ResultUpdate