Stock Report

Ram Ratna Wires Ltd posts consolidated net profit of Rs. 12.34 crores in Q3 FY2022-23



Posted On : 2023-02-08 14:33:45( TIMEZONE : IST )

Ram Ratna Wires Ltd posts consolidated net profit of Rs. 12.34 crores in Q3 FY2022-23

RAM RATNA WIRES 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. 613.6686 crores during the period ended December 31, 2022 as compared to Rs. 620.9107 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 12.3417 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.5455 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.80 for the period ended December 31, 2022 as compared to Rs. 1.71 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹613.6686 crs ₹620.9107 crs Up Tick / Down Tick-1.17%
Net Profit ₹12.3417 crs ₹7.5455 crs Up Tick / Down Tick63.56%
EPS ₹2.80 ₹1.71 Up Tick / Down Tick63.74%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.613.6686 crores during the period ended December 31, 2022 as compared to Rs.604.5032 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.12.3417 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.15.8890 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.80 for the period ended December 31, 2022 as compared to Rs.3.61 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹613.6686 crs ₹604.5032 crs Up Tick / Down Tick1.52%
Net Profit ₹12.3417 crs ₹15.8890 crs Up Tick / Down Tick-22.33%
EPS ₹2.80 ₹3.61 Up Tick / Down Tick-22.44%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1928.7110 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1656.0386 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.29.8291 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.35.6952 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.6.78 for the 9 Months period ended December 31, 2022 as compared to Rs.8.11 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1928.7110 crs ₹1656.0386 crs Up Tick / Down Tick16.47%
Net Profit ₹29.8291 crs ₹35.6952 crs Up Tick / Down Tick-16.43%
EPS ₹6.78 ₹8.11 Up Tick / Down Tick-16.40%

Shares of RAM RATNA WIRES LTD. was last trading in BSE at Rs. 154.95 as compared to the previous close of Rs. 156.55. The total number of shares traded during the day was 3265 in over 250 trades.

The stock hit an intraday high of Rs. 161.00 and intraday low of 154.00. The net turnover during the day was Rs. 508691.00.

Source : Equity Bulls

Keywords

RamRatnaWires Q3FY23 9MFY23 ResultUpdate