Parvati Sweetners and Power Ltd Q3 FY2023 net profit at Rs. 3.23 crore

Parvati Sweetners and Power 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. 10.8026 crores during the period ended December 31, 2022 as compared to Rs. 28.9321 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.2321 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -3.1857 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.36 for the period ended December 31, 2022 as compared to Rs. -0.35 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹10.8026 crs	₹28.9321 crs	-62.66%
Net Profit	₹3.2321 crs	₹-3.1857 crs	201.46%
EPS	₹0.36	₹-0.35	202.86%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.10.8026 crores during the period ended December 31, 2022 as compared to Rs.8.8996 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.2321 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0091 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.36 for the period ended December 31, 2022 as compared to Rs.0.0010 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹10.8026 crs	₹8.8996 crs	21.38%
Net Profit	₹3.2321 crs	₹0.0091 crs	35,417.58%
EPS	₹0.36	₹0.0010	35,900.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.68.2029 crores during the 9 Months period ended December 31, 2022 as compared to Rs.35.3410 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2053 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.1993 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.02 for the 9 Months period ended December 31, 2022 as compared to Rs.0.02 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹68.2029 crs	₹35.3410 crs	92.99%
Net Profit	₹0.2053 crs	₹0.1993 crs	3.01%
EPS	₹0.02	₹0.02	0.00%

Shares of Parvati Sweetners and Power Ltd was last trading in BSE at Rs. 9.78 as compared to the previous close of Rs. 10.11. The total number of shares traded during the day was 146301 in over 637 trades.

The stock hit an intraday high of Rs. 10.69 and intraday low of 9.55. The net turnover during the day was Rs. 1477103.00.

Source : Equity Bulls

Keywords

ParvatiSweetnersandPower Q3FY23 9MFY23 ResultUpdate