MT Educare Ltd Q3 FY23 consolidated loss at Rs. 5.53 crores

MT Educare Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 14.2778 crores during the period ended December 31, 2022 as compared to Rs. 17.1635 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -5.5334 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -5.7199 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.77 for the period ended December 31, 2022 as compared to Rs. -0.79 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹14.2778 crs	₹17.1635 crs	-16.81%
Net Profit	₹-5.5334 crs	₹-5.7199 crs	3.26%
EPS	₹-0.77	₹-0.79	2.53%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.14.2778 crores during the period ended December 31, 2022 as compared to Rs.9.3654 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-5.5334 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-9.5954 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.77 for the period ended December 31, 2022 as compared to Rs.-1.33 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹14.2778 crs	₹9.3654 crs	52.45%
Net Profit	₹-5.5334 crs	₹-9.5954 crs	42.33%
EPS	₹-0.77	₹-1.33	42.11%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.51.7415 crores during the 9 Months period ended December 31, 2022 as compared to Rs.51.0108 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-13.3280 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-13.0146 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-1.85 for the 9 Months period ended December 31, 2022 as compared to Rs.-1.81 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹51.7415 crs	₹51.0108 crs	1.43%
Net Profit	₹-13.3280 crs	₹-13.0146 crs	2.41%
EPS	₹-1.85	₹-1.81	2.21%

Shares of MT Educare Limited was last trading in BSE at Rs. 5.89 as compared to the previous close of Rs. 5.71. The total number of shares traded during the day was 8343 in over 42 trades.

The stock hit an intraday high of Rs. 5.99 and intraday low of 5.64. The net turnover during the day was Rs. 49275.00.

Source : Equity Bulls

Keywords

MTEducare Q3FY23 9MFY23 ResultUpdate