Prakash Woollen and Synthetic Mills Ltd Q3 FY23 loss at Rs. 1.44 crore

Prakash Woollen & Synthetic Mills 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. 46.3995 crores during the period ended December 31, 2022 as compared to Rs. 20.4167 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -1.4467 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -2.1525 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -1.41 for the period ended December 31, 2022 as compared to Rs. -2.10 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹46.3995 crs	₹20.4167 crs	127.26%
Net Profit	₹-1.4467 crs	₹-2.1525 crs	32.79%
EPS	₹-1.41	₹-2.10	32.86%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.46.3995 crores during the period ended December 31, 2022 as compared to Rs.39.0064 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.4467 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.1817 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-1.41 for the period ended December 31, 2022 as compared to Rs.0.18 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹46.3995 crs	₹39.0064 crs	18.95%
Net Profit	₹-1.4467 crs	₹0.1817 crs	-896.20%
EPS	₹-1.41	₹0.18	-883.33%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.88.6050 crores during the 9 Months period ended December 31, 2022 as compared to Rs.77.1455 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-5.2567 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.2025 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-5.12 for the 9 Months period ended December 31, 2022 as compared to Rs.0.20 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹88.6050 crs	₹77.1455 crs	14.85%
Net Profit	₹-5.2567 crs	₹0.2025 crs	-2,695.90%
EPS	₹-5.12	₹0.20	-2,660.00%

Shares of Prakash Woollen & Synthetic Mills Ltd was last trading in BSE at Rs. 24.95 as compared to the previous close of Rs. 25.85. The total number of shares traded during the day was 2878 in over 43 trades.

The stock hit an intraday high of Rs. 25.45 and intraday low of 24.60. The net turnover during the day was Rs. 71925.00.

Source : Equity Bulls

Keywords

PrakashWoollenandSyntheticMills Q3FY23 9MFY23 ResultUpdate