Stock Report

Fairchem Organics Ltd Q3 FY2023 net profit slumps to Rs. 60.86 lakhs



Posted On : 2023-02-06 17:59:32( TIMEZONE : IST )

Fairchem Organics Ltd Q3 FY2023 net profit slumps to Rs. 60.86 lakhs

Fairchem Organics 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. 102.7541 crores during the period ended December 31, 2022 as compared to Rs. 168.5425 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.6086 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.0030 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.47 for the period ended December 31, 2022 as compared to Rs. 3.07 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹102.7541 crs ₹168.5425 crs Up Tick / Down Tick-39.03%
Net Profit ₹0.6086 crs ₹4.0030 crs Up Tick / Down Tick-84.80%
EPS ₹0.47 ₹3.07 Up Tick / Down Tick-84.69%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.102.7541 crores during the period ended December 31, 2022 as compared to Rs.158.5219 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.6086 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.13.4538 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.47 for the period ended December 31, 2022 as compared to Rs.10.33 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹102.7541 crs ₹158.5219 crs Up Tick / Down Tick-35.18%
Net Profit ₹0.6086 crs ₹13.4538 crs Up Tick / Down Tick-95.48%
EPS ₹0.47 ₹10.33 Up Tick / Down Tick-95.45%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.496.6473 crores during the 9 Months period ended December 31, 2022 as compared to Rs.465.8831 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.31.6411 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.56.6632 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.24.30 for the 9 Months period ended December 31, 2022 as compared to Rs.43.52 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹496.6473 crs ₹465.8831 crs Up Tick / Down Tick6.60%
Net Profit ₹31.6411 crs ₹56.6632 crs Up Tick / Down Tick-44.16%
EPS ₹24.30 ₹43.52 Up Tick / Down Tick-44.16%

Shares of Fairchem Organics Limited was last trading in BSE at Rs. 1113.10 as compared to the previous close of Rs. 1116.30. The total number of shares traded during the day was 1360 in over 383 trades.

The stock hit an intraday high of Rs. 1139.70 and intraday low of 1107.05. The net turnover during the day was Rs. 1517688.00.

Source : Equity Bulls

Keywords

FairchemOrganics Q3FY23 9MFY23 ResultUpdate