Graphite India Ltd posts lower consolidated PAT of Rs. 53 crores in Q3FY23

Graphite India 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. 734 crores during the period ended December 31, 2022 as compared to Rs. 936 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 53 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 92 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.66 for the period ended December 31, 2022 as compared to Rs. 4.72 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹734 crs	₹936 crs	-21.58%
Net Profit	₹53 crs	₹92 crs	-42.39%
EPS	₹2.66	₹4.72	-43.64%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.734 crores during the period ended December 31, 2022 as compared to Rs.946 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.53 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.132 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.66 for the period ended December 31, 2022 as compared to Rs.6.75 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹734 crs	₹946 crs	-22.41%
Net Profit	₹53 crs	₹132 crs	-59.85%
EPS	₹2.66	₹6.75	-60.59%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2518 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2405 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.169 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.410 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.8.61 for the 9 Months period ended December 31, 2022 as compared to Rs.21 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2518 crs	₹2405 crs	4.70%
Net Profit	₹169 crs	₹410 crs	-58.78%
EPS	₹8.61	₹21	-59.00%

Shares of Graphite India Limited was last trading in BSE at Rs. 338.60 as compared to the previous close of Rs. 340.40. The total number of shares traded during the day was 37132 in over 1745 trades.

The stock hit an intraday high of Rs. 344.35 and intraday low of 337.45. The net turnover during the day was Rs. 12678680.00.

Source : Equity Bulls

Keywords

GraphiteIndia Q3FY23 9MFY23 ResultUpdate