IB Infotech Enterprises Ltd Q3 FY23 net profit climbs to Rs. 53.24 lakhs

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. 1.6236 crores during the period ended December 31, 2022 as compared to Rs. 0.7628 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.5324 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.1441 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.16 for the period ended December 31, 2022 as compared to Rs. 1.13 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1.6236 crs	₹0.7628 crs	112.85%
Net Profit	₹0.5324 crs	₹0.1441 crs	269.47%
EPS	₹4.16	₹1.13	268.14%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1.6236 crores during the period ended December 31, 2022 as compared to Rs.0.0047 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5324 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0040 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.16 for the period ended December 31, 2022 as compared to Rs.-0.03 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1.6236 crs	₹0.0047 crs	34,444.68%
Net Profit	₹0.5324 crs	₹-0.0040 crs	13,410.00%
EPS	₹4.16	₹-0.03	13,966.67%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2.3887 crores during the 9 Months period ended December 31, 2022 as compared to Rs.0.0170 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5989 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.10 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.68 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.78 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2.3887 crs	₹0.0170 crs	13,951.18%
Net Profit	₹0.5989 crs	₹-0.10 crs	698.90%
EPS	₹4.68	₹-0.78	700.00%

Source : Equity Bulls

Keywords

IBInfotechEnterprises Q3FY23 9MFY23 ResultUpdate