Tasty Bite Eatables Ltd reports net profit of Rs. 3.76 crore in Q3 FY23

Tasty Bite Eatables 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. 108.820 crores during the period ended December 31, 2022 as compared to Rs. 144.091 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.769 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 9.514 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 14.69 for the period ended December 31, 2022 as compared to Rs. 37.08 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹108.820 crs	₹144.091 crs	-24.48%
Net Profit	₹3.769 crs	₹9.514 crs	-60.38%
EPS	₹14.69	₹37.08	-60.38%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.108.820 crores during the period ended December 31, 2022 as compared to Rs.76.245 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.769 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-2.817 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.14.69 for the period ended December 31, 2022 as compared to Rs.-10.98 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹108.820 crs	₹76.245 crs	42.72%
Net Profit	₹3.769 crs	₹-2.817 crs	233.79%
EPS	₹14.69	₹-10.98	233.79%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.376.471 crores during the 9 Months period ended December 31, 2022 as compared to Rs.281.323 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.21.084 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.5.672 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.82.17 for the 9 Months period ended December 31, 2022 as compared to Rs.22.10 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹376.471 crs	₹281.323 crs	33.82%
Net Profit	₹21.084 crs	₹5.672 crs	271.72%
EPS	₹82.17	₹22.10	271.81%

Shares of Tasty Bite Eatables Limited was last trading in BSE at Rs. 10042.30 as compared to the previous close of Rs. 9995.80. The total number of shares traded during the day was 112 in over 82 trades.

The stock hit an intraday high of Rs. 10199.00 and intraday low of 9900.00. The net turnover during the day was Rs. 1130268.00.

Source : Equity Bulls

Keywords

TastyBiteEatables Q3FY23 9MFY23 ResultUpdate