Stock Report

NIRLON Ltd Q3FY23 net profit jumps to Rs. 53.53 crores



Posted On : 2023-02-09 22:25:08( TIMEZONE : IST )

NIRLON Ltd Q3FY23 net profit jumps to Rs. 53.53 crores

NIRLON LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 144.3056 crores during the period ended December 31, 2022 as compared to Rs. 143.8489 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 53.5372 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 40.4455 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 5.94 for the period ended December 31, 2022 as compared to Rs. 4.49 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹144.3056 crs ₹143.8489 crs Up Tick / Down Tick0.32%
Net Profit ₹53.5372 crs ₹40.4455 crs Up Tick / Down Tick32.37%
EPS ₹5.94 ₹4.49 Up Tick / Down Tick32.29%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.144.3056 crores during the period ended December 31, 2022 as compared to Rs.92.8977 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.53.5372 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.13.4699 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.5.94 for the period ended December 31, 2022 as compared to Rs.1.49 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹144.3056 crs ₹92.8977 crs Up Tick / Down Tick55.34%
Net Profit ₹53.5372 crs ₹13.4699 crs Up Tick / Down Tick297.46%
EPS ₹5.94 ₹1.49 Up Tick / Down Tick298.66%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.427.1311 crores during the 9 Months period ended December 31, 2022 as compared to Rs.249.0472 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.108.2027 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.73.7645 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.12.01 for the 9 Months period ended December 31, 2022 as compared to Rs.8.19 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹427.1311 crs ₹249.0472 crs Up Tick / Down Tick71.51%
Net Profit ₹108.2027 crs ₹73.7645 crs Up Tick / Down Tick46.69%
EPS ₹12.01 ₹8.19 Up Tick / Down Tick46.64%

Shares of NIRLON LTD. was last trading in BSE at Rs. 358.45 as compared to the previous close of Rs. 361.70. The total number of shares traded during the day was 2230 in over 133 trades.

The stock hit an intraday high of Rs. 366.05 and intraday low of 351.05. The net turnover during the day was Rs. 804922.00.

Source : Equity Bulls

Keywords

Nirlon Q3FY23 9MFY23 ResultUpdate