Polychem Ltd Q3 FY23 consolidated net profit at Rs. 1.54 crore

POLYCHEM LTD. 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. 12.7656 crores during the period ended December 31, 2022 as compared to Rs. 17.1817 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.5495 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.8866 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 38.35 for the period ended December 31, 2022 as compared to Rs. 71.44 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹12.7656 crs	₹17.1817 crs	-25.70%
Net Profit	₹1.5495 crs	₹2.8866 crs	-46.32%
EPS	₹38.35	₹71.44	-46.32%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.12.7656 crores during the period ended December 31, 2022 as compared to Rs.8.9117 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.5495 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.1767 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.38.35 for the period ended December 31, 2022 as compared to Rs.-4.37 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹12.7656 crs	₹8.9117 crs	43.25%
Net Profit	₹1.5495 crs	₹-0.1767 crs	976.91%
EPS	₹38.35	₹-4.37	977.57%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.43.9904 crores during the 9 Months period ended December 31, 2022 as compared to Rs.25.4223 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.5224 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0513 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.136.68 for the 9 Months period ended December 31, 2022 as compared to Rs.-1.27 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹43.9904 crs	₹25.4223 crs	73.04%
Net Profit	₹5.5224 crs	₹-0.0513 crs	10,864.91%
EPS	₹136.68	₹-1.27	10,862.20%

Shares of POLYCHEM LTD. was last trading in BSE at Rs. 740.50 as compared to the previous close of Rs. 775.00. The total number of shares traded during the day was 5 in over 1 trades.

The stock hit an intraday high of Rs. 740.50 and intraday low of 740.50. The net turnover during the day was Rs. 3702.00.

Source : Equity Bulls

Keywords

Polychem Q3FY23 9MFY23 ResultUpdate