Agarwal Industrial Corporation Ltd Q3 FY2023 consolidated net profit jumps to Rs. 25.21 crores

Agarwal Industrial 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. 553.9081 crores during the period ended December 31, 2022 as compared to Rs. 226.9466 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 25.2146 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 15.2837 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 17.63 for the period ended December 31, 2022 as compared to Rs. 10.93 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹553.9081 crs	₹226.9466 crs	144.07%
Net Profit	₹25.2146 crs	₹15.2837 crs	64.98%
EPS	₹17.63	₹10.93	61.30%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.553.9081 crores during the period ended December 31, 2022 as compared to Rs.380.9037 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.25.2146 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.20.6052 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.17.63 for the period ended December 31, 2022 as compared to Rs.17 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹553.9081 crs	₹380.9037 crs	45.42%
Net Profit	₹25.2146 crs	₹20.6052 crs	22.37%
EPS	₹17.63	₹17	3.71%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1363.9010 crores during the 9 Months period ended December 31, 2022 as compared to Rs.949.0848 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.63.9615 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.39.9559 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.44.72 for the 9 Months period ended December 31, 2022 as compared to Rs.32.96 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1363.9010 crs	₹949.0848 crs	43.71%
Net Profit	₹63.9615 crs	₹39.9559 crs	60.08%
EPS	₹44.72	₹32.96	35.68%

Shares of Agarwal Industrial Corporation Limited was last trading in BSE at Rs. 689.95 as compared to the previous close of Rs. 684.20. The total number of shares traded during the day was 5908 in over 661 trades.

The stock hit an intraday high of Rs. 698.00 and intraday low of 674.70. The net turnover during the day was Rs. 4071055.00.

Source : Equity Bulls

Keywords

AgarwalIndustrialCorporation Q3FY23 9MFY23 ResultUpdate