National Fittings Ltd Q3 FY2022-23 net profit increases to Rs. 1.70 crore

National Fittings Limited 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. 23.1837 crores during the period ended December 31, 2022 as compared to Rs. 24.9612 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.7089 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.2643 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.88 for the period ended December 31, 2022 as compared to Rs. 1.39 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹23.1837 crs	₹24.9612 crs	-7.12%
Net Profit	₹1.7089 crs	₹1.2643 crs	35.17%
EPS	₹1.88	₹1.39	35.25%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.23.1837 crores during the period ended December 31, 2022 as compared to Rs.19.6767 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.7089 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.8599 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.88 for the period ended December 31, 2022 as compared to Rs.0.95 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹23.1837 crs	₹19.6767 crs	17.82%
Net Profit	₹1.7089 crs	₹0.8599 crs	98.73%
EPS	₹1.88	₹0.95	97.89%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.66.1884 crores during the 9 Months period ended December 31, 2022 as compared to Rs.48.0880 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.6496 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.3176 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.02 for the 9 Months period ended December 31, 2022 as compared to Rs.1.45 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹66.1884 crs	₹48.0880 crs	37.64%
Net Profit	₹3.6496 crs	₹1.3176 crs	176.99%
EPS	₹4.02	₹1.45	177.24%

Shares of National Fittings Limited was last trading in BSE at Rs. 72.40 as compared to the previous close of Rs. 67.05. The total number of shares traded during the day was 38891 in over 255 trades.

The stock hit an intraday high of Rs. 74.40 and intraday low of 67.75. The net turnover during the day was Rs. 2778812.00.

Source : Equity Bulls

Keywords

NationalFittings Q3FY23 9MY23 ResultUpdate