Stock Report

Saurashtra Cement Ltd Q3 FY2023 consolidated loss reduces QoQ to Rs. 6.08 crores



Posted On : 2023-02-10 10:50:54( TIMEZONE : IST )

Saurashtra Cement Ltd Q3 FY2023 consolidated loss reduces QoQ to Rs. 6.08 crores

SAURASHTRA CEMENT LTD. 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. 240.6984 crores during the period ended December 31, 2022 as compared to Rs. 188.1493 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -6.0855 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -22.5533 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.87 for the period ended December 31, 2022 as compared to Rs. -3.21 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹240.6984 crs ₹188.1493 crs Up Tick / Down Tick27.93%
Net Profit ₹-6.0855 crs ₹-22.5533 crs Up Tick / Down Tick73.02%
EPS ₹-0.87 ₹-3.21 Up Tick / Down Tick72.90%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.240.6984 crores during the period ended December 31, 2022 as compared to Rs.194.9446 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-6.0855 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.4.1239 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.87 for the period ended December 31, 2022 as compared to Rs.0.58 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹240.6984 crs ₹194.9446 crs Up Tick / Down Tick23.47%
Net Profit ₹-6.0855 crs ₹4.1239 crs Up Tick / Down Tick-247.57%
EPS ₹-0.87 ₹0.58 Up Tick / Down Tick-250.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.645.4879 crores during the 9 Months period ended December 31, 2022 as compared to Rs.543.5853 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-29.6633 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.9.8483 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-4.22 for the 9 Months period ended December 31, 2022 as compared to Rs.1.40 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹645.4879 crs ₹543.5853 crs Up Tick / Down Tick18.75%
Net Profit ₹-29.6633 crs ₹9.8483 crs Up Tick / Down Tick-401.20%
EPS ₹-4.22 ₹1.40 Up Tick / Down Tick-401.43%

Shares of SAURASHTRA CEMENT LTD. was last trading in BSE at Rs. 53.30 as compared to the previous close of Rs. 54.10. The total number of shares traded during the day was 11864 in over 140 trades.

The stock hit an intraday high of Rs. 54.60 and intraday low of 52.50. The net turnover during the day was Rs. 637190.00.

Source : Equity Bulls

Keywords

SaurashtraCement Q3FY23 9MFY23 ResultUpdate