Radix Industries India Ltd Q3 FY2022-23 net profit up at Rs. 46.24 lakhs

Radix Industries (India) 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. 9.6614 crores during the period ended December 31, 2022 as compared to Rs. 4.5721 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.4624 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.4039 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.31 for the period ended December 31, 2022 as compared to Rs. 0.27 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹9.6614 crs	₹4.5721 crs	111.31%
Net Profit	₹0.4624 crs	₹0.4039 crs	14.48%
EPS	₹0.31	₹0.27	14.81%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.9.6614 crores during the period ended December 31, 2022 as compared to Rs.4.7395 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.4624 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3597 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.31 for the period ended December 31, 2022 as compared to Rs.0.24 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹9.6614 crs	₹4.7395 crs	103.85%
Net Profit	₹0.4624 crs	₹0.3597 crs	28.55%
EPS	₹0.31	₹0.24	29.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.17.1610 crores during the 9 Months period ended December 31, 2022 as compared to Rs.15.1169 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.0606 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.1145 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.71 for the 9 Months period ended December 31, 2022 as compared to Rs.0.74 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹17.1610 crs	₹15.1169 crs	13.52%
Net Profit	₹1.0606 crs	₹1.1145 crs	-4.84%
EPS	₹0.71	₹0.74	-4.05%

Shares of Radix Industries (India) Limited was last trading in BSE at Rs. 74.95 as compared to the previous close of Rs. 76.05. The total number of shares traded during the day was 80 in over 8 trades.

The stock hit an intraday high of Rs. 76.00 and intraday low of 74.50. The net turnover during the day was Rs. 6001.00.

Source : Equity Bulls

Keywords

RadixIndustriesIndia Q3FY23 9MFY23 ResultUpdate