Rolex Rings Ltd Q3 FY2022-23 profit rises to Rs. 52.79 crores

Rolex Rings 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. 315.074 crores during the period ended December 31, 2022 as compared to Rs. 295.135 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 52.790 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 49.179 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 19.39 for the period ended December 31, 2022 as compared to Rs. 18.06 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹315.074 crs	₹295.135 crs	6.76%
Net Profit	₹52.790 crs	₹49.179 crs	7.34%
EPS	₹19.39	₹18.06	7.36%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.315.074 crores during the period ended December 31, 2022 as compared to Rs.242.691 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.52.790 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.29.808 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.19.39 for the period ended December 31, 2022 as compared to Rs.10.95 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹315.074 crs	₹242.691 crs	29.83%
Net Profit	₹52.790 crs	₹29.808 crs	77.10%
EPS	₹19.39	₹10.95	77.08%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.903.848 crores during the 9 Months period ended December 31, 2022 as compared to Rs.733.231 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.151.685 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.92.816 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.55.70 for the 9 Months period ended December 31, 2022 as compared to Rs.34.48 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹903.848 crs	₹733.231 crs	23.27%
Net Profit	₹151.685 crs	₹92.816 crs	63.43%
EPS	₹55.70	₹34.48	61.54%

Shares of Rolex Rings Limited was last trading in BSE at Rs. 1761.30 as compared to the previous close of Rs. 1782.95. The total number of shares traded during the day was 1871 in over 529 trades.

The stock hit an intraday high of Rs. 1783.15 and intraday low of 1725.00. The net turnover during the day was Rs. 3286613.00.

Source : Equity Bulls

Keywords

RolexRings Q3FY23 9MFY23 ResultUpdate