KCP Sugar and Industries Corporation Ltd Q3 FY23 consolidated net profit rises to Rs. 38.10 crores

KCP Sugar and Industries Corporation 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. 125.3598 crores during the period ended December 31, 2022 as compared to Rs. 103.2047 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 38.1061 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 28.9433 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.38 for the period ended December 31, 2022 as compared to Rs. 2.62 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹125.3598 crs	₹103.2047 crs	21.47%
Net Profit	₹38.1061 crs	₹28.9433 crs	31.66%
EPS	₹3.38	₹2.62	29.01%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.125.3598 crores during the period ended December 31, 2022 as compared to Rs.117.0107 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.38.1061 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-8.5192 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.38 for the period ended December 31, 2022 as compared to Rs.-0.80 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹125.3598 crs	₹117.0107 crs	7.14%
Net Profit	₹38.1061 crs	₹-8.5192 crs	547.30%
EPS	₹3.38	₹-0.80	522.50%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.304.2585 crores during the 9 Months period ended December 31, 2022 as compared to Rs.275.6760 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.65.6225 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.8.6857 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.85 for the 9 Months period ended December 31, 2022 as compared to Rs.0.79 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹304.2585 crs	₹275.6760 crs	10.37%
Net Profit	₹65.6225 crs	₹8.6857 crs	655.52%
EPS	₹5.85	₹0.79	640.51%

Shares of KCP Sugar and Industries Corporation Limited was last trading in BSE at Rs. 25.45 as compared to the previous close of Rs. 25.70. The total number of shares traded during the day was 15728 in over 315 trades.

The stock hit an intraday high of Rs. 26.10 and intraday low of 25.30. The net turnover during the day was Rs. 404171.00.

Source : Equity Bulls

Keywords

KCPSugarandIndustriesCorporation Q3FY23 9MFY23 ResultUpdate