Stock Report

Asian Tea and Exports Ltd consolidated Q3FY23 profit declines to Rs. 30.09 lakhs



Posted On : 2023-02-08 22:26:38( TIMEZONE : IST )

Asian Tea and Exports Ltd consolidated Q3FY23 profit declines to Rs. 30.09 lakhs

ASIAN TEA & EXPORTS 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. 7.1583 crores during the period ended December 31, 2022 as compared to Rs. 12.4109 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.3009 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.9239 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.15 for the period ended December 31, 2022 as compared to Rs. 0.46 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹7.1583 crs ₹12.4109 crs Up Tick / Down Tick-42.32%
Net Profit ₹0.3009 crs ₹0.9239 crs Up Tick / Down Tick-67.43%
EPS ₹0.15 ₹0.46 Up Tick / Down Tick-67.39%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.7.1583 crores during the period ended December 31, 2022 as compared to Rs.10.7518 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.3009 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.9081 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.15 for the period ended December 31, 2022 as compared to Rs.1.80 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹7.1583 crs ₹10.7518 crs Up Tick / Down Tick-33.42%
Net Profit ₹0.3009 crs ₹1.9081 crs Up Tick / Down Tick-84.23%
EPS ₹0.15 ₹1.80 Up Tick / Down Tick-91.67%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.27.8511 crores during the 9 Months period ended December 31, 2022 as compared to Rs.39.2274 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.9672 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.9596 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.98 for the 9 Months period ended December 31, 2022 as compared to Rs.1.85 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹27.8511 crs ₹39.2274 crs Up Tick / Down Tick-29.00%
Net Profit ₹1.9672 crs ₹1.9596 crs Up Tick / Down Tick0.39%
EPS ₹0.98 ₹1.85 Up Tick / Down Tick-47.03%

Shares of ASIAN TEA & EXPORTS LTD. was last trading in BSE at Rs. 12.95 as compared to the previous close of Rs. 12.71. The total number of shares traded during the day was 7628 in over 69 trades.

The stock hit an intraday high of Rs. 13.39 and intraday low of 12.67. The net turnover during the day was Rs. 98431.00.

Source : Equity Bulls

Keywords

AsianTeaandExports Q3FY23 9MFY23 ResultUpdate