India Gelatine and Chemicals Ltd Q3 FY2022-23 net profit surges to Rs. 7.66 crores

INDIA GELATINE & CHEMICALS 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. 57.5886 crores during the period ended December 31, 2022 as compared to Rs. 47.8677 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 7.6695 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.0417 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 10.81 for the period ended December 31, 2022 as compared to Rs. 5.70 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹57.5886 crs	₹47.8677 crs	20.31%
Net Profit	₹7.6695 crs	₹4.0417 crs	89.76%
EPS	₹10.81	₹5.70	89.65%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.57.5886 crores during the period ended December 31, 2022 as compared to Rs.44.6944 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7.6695 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.0745 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.10.81 for the period ended December 31, 2022 as compared to Rs.1.52 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹57.5886 crs	₹44.6944 crs	28.85%
Net Profit	₹7.6695 crs	₹1.0745 crs	613.77%
EPS	₹10.81	₹1.52	611.18%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.150.9046 crores during the 9 Months period ended December 31, 2022 as compared to Rs.110.5896 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.5933 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.3806 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.20.58 for the 9 Months period ended December 31, 2022 as compared to Rs.3.36 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹150.9046 crs	₹110.5896 crs	36.45%
Net Profit	₹14.5933 crs	₹2.3806 crs	513.01%
EPS	₹20.58	₹3.36	512.50%

Shares of INDIA GELATINE & CHEMICALS LTD. was last trading in BSE at Rs. 223.95 as compared to the previous close of Rs. 200.65. The total number of shares traded during the day was 37845 in over 588 trades.

The stock hit an intraday high of Rs. 227.75 and intraday low of 210.00. The net turnover during the day was Rs. 8241403.00.

Source : Equity Bulls

Keywords

IndiaGelatineandChemicals Q3FY23 9MFY23 ResultUpdate