Piccadily Sugar and Allied Industries Ltd Q3FY23 loss at Rs. 69.53 lakhs

PICCADILY SUGAR & ALLIED INDUSTRIES 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. 6.0258 crores during the period ended December 31, 2022 as compared to Rs. 3.9696 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.6953 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -1.1579 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.30 for the period ended December 31, 2022 as compared to Rs. -0.50 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹6.0258 crs	₹3.9696 crs	51.80%
Net Profit	₹-0.6953 crs	₹-1.1579 crs	39.95%
EPS	₹-0.30	₹-0.50	40.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.6.0258 crores during the period ended December 31, 2022 as compared to Rs.10.4408 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.6953 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0669 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.30 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	₹6.0258 crs	₹10.4408 crs	-42.29%
Net Profit	₹-0.6953 crs	₹0.0669 crs	-1,139.31%
EPS	₹-0.30	₹0.03	-1,100.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.17.3842 crores during the 9 Months period ended December 31, 2022 as compared to Rs.27.1853 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.7452 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.0781 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-0.75 for the 9 Months period ended December 31, 2022 as compared to Rs.0.03 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹17.3842 crs	₹27.1853 crs	-36.05%
Net Profit	₹-1.7452 crs	₹0.0781 crs	-2,334.57%
EPS	₹-0.75	₹0.03	-2,600.00%

Shares of PICCADILY SUGAR & ALLIED INDUSTRIES LTD. was last trading in BSE at Rs. 17.55 as compared to the previous close of Rs. 16.75. The total number of shares traded during the day was 17406 in over 79 trades.

The stock hit an intraday high of Rs. 17.55 and intraday low of 16.20. The net turnover during the day was Rs. 301931.00.

Source : Equity Bulls

Keywords

PiccadilySugarandAlliedIndustries Q3FY23 9MFY23 ResultUpdate