Stock Report

Akzo Nobel India Ltd Q3FY23 consolidated net profit soars to Rs. 97.4 crores

Posted On : 2023-02-10 00:27:29( TIMEZONE : IST )

Akzo Nobel India 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. 999.2 crores during the period ended December 31, 2022 as compared to Rs. 931 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 97.4 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 65.4 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 21.39 for the period ended December 31, 2022 as compared to Rs. 14.37 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹999.2 crs	₹931 crs	7.33%
Net Profit	₹97.4 crs	₹65.4 crs	48.93%
EPS	₹21.39	₹14.37	48.85%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.999.2 crores during the period ended December 31, 2022 as compared to Rs.919.1 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.97.4 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.83.8 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.21.39 for the period ended December 31, 2022 as compared to Rs.18.40 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹999.2 crs	₹919.1 crs	8.72%
Net Profit	₹97.4 crs	₹83.8 crs	16.23%
EPS	₹21.39	₹18.40	16.25%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2872 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2299.1 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.239.7 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.215.5 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.52.64 for the 9 Months period ended December 31, 2022 as compared to Rs.47.31 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2872 crs	₹2299.1 crs	24.92%
Net Profit	₹239.7 crs	₹215.5 crs	11.23%
EPS	₹52.64	₹47.31	11.27%

Shares of Akzo Nobel India Limited was last trading in BSE at Rs. 2226.65 as compared to the previous close of Rs. 2228.00. The total number of shares traded during the day was 1163 in over 335 trades.

The stock hit an intraday high of Rs. 2288.50 and intraday low of 2183.20. The net turnover during the day was Rs. 2608717.00.