Stock Report

Axtel Industries Ltd Q3 FY2023 net profit drops QoQ to Rs. 2.20 crore



Posted On : 2023-02-06 23:06:25( TIMEZONE : IST )

Axtel Industries Ltd Q3 FY2023 net profit drops QoQ to Rs. 2.20 crore

AXTEL INDUSTRIES 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. 40.7331 crores during the period ended December 31, 2022 as compared to Rs. 42.5894 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.2081 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.6736 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.37 for the period ended December 31, 2022 as compared to Rs. 2.89 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹40.7331 crs ₹42.5894 crs Up Tick / Down Tick-4.36%
Net Profit ₹2.2081 crs ₹4.6736 crs Up Tick / Down Tick-52.75%
EPS ₹1.37 ₹2.89 Up Tick / Down Tick-52.60%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.40.7331 crores during the period ended December 31, 2022 as compared to Rs.38.1958 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.2081 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.9395 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.37 for the period ended December 31, 2022 as compared to Rs.1.20 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹40.7331 crs ₹38.1958 crs Up Tick / Down Tick6.64%
Net Profit ₹2.2081 crs ₹1.9395 crs Up Tick / Down Tick13.85%
EPS ₹1.37 ₹1.20 Up Tick / Down Tick14.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.114.2247 crores during the 9 Months period ended December 31, 2022 as compared to Rs.91.5237 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.2159 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.7.0214 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.85 for the 9 Months period ended December 31, 2022 as compared to Rs.4.35 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹114.2247 crs ₹91.5237 crs Up Tick / Down Tick24.80%
Net Profit ₹6.2159 crs ₹7.0214 crs Up Tick / Down Tick-11.47%
EPS ₹3.85 ₹4.35 Up Tick / Down Tick-11.49%

Shares of AXTEL INDUSTRIES LTD. was last trading in BSE at Rs. 213.75 as compared to the previous close of Rs. 214.05. The total number of shares traded during the day was 1419 in over 70 trades.

The stock hit an intraday high of Rs. 216.90 and intraday low of 207.00. The net turnover during the day was Rs. 303195.00.

Source : Equity Bulls

Keywords

AxtelIndustries Q3FY23 9MFY23 ResultUpdate