Jtekt India Ltd consolidated Q3 FY23 net profit at Rs. 14.39 crores

Jtekt 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. 472.8109 crores during the period ended December 31, 2022 as compared to Rs. 573.0990 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 14.3901 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 27.7741 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.59 for the period ended December 31, 2022 as compared to Rs. 1.14 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹472.8109 crs	₹573.0990 crs	-17.50%
Net Profit	₹14.3901 crs	₹27.7741 crs	-48.19%
EPS	₹0.59	₹1.14	-48.25%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.472.8109 crores during the period ended December 31, 2022 as compared to Rs.415.0344 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.3901 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.14.4811 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.59 for the period ended December 31, 2022 as compared to Rs.0.59 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹472.8109 crs	₹415.0344 crs	13.92%
Net Profit	₹14.3901 crs	₹14.4811 crs	-0.63%
EPS	₹0.59	₹0.59	0.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1520.3574 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1126.6339 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.56.3016 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.22.7857 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.30 for the 9 Months period ended December 31, 2022 as compared to Rs.0.93 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1520.3574 crs	₹1126.6339 crs	34.95%
Net Profit	₹56.3016 crs	₹22.7857 crs	147.09%
EPS	₹2.30	₹0.93	147.31%

Shares of Jtekt India Limited was last trading in BSE at Rs. 136.90 as compared to the previous close of Rs. 134.05. The total number of shares traded during the day was 89190 in over 1113 trades.

The stock hit an intraday high of Rs. 138.65 and intraday low of 130.75. The net turnover during the day was Rs. 11962773.00.

Source : Equity Bulls

Keywords

JtektIndia Q3FY23 9MFY23 ResultUpdate