Modern Insulators Ltd reports Rs. 9.95 crores consolidated PAT in Q3FY23

MODERN INSULATORS 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. 110.4702 crores during the period ended December 31, 2022 as compared to Rs. 104.2831 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 9.9548 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.6496 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.11 for the period ended December 31, 2022 as compared to Rs. 0.99 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹110.4702 crs	₹104.2831 crs	5.93%
Net Profit	₹9.9548 crs	₹4.6496 crs	114.10%
EPS	₹2.11	₹0.99	113.13%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.110.4702 crores during the period ended December 31, 2022 as compared to Rs.116.7438 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.9.9548 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0220 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.11 for the period ended December 31, 2022 as compared to Rs.0.0046 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹110.4702 crs	₹116.7438 crs	-5.37%
Net Profit	₹9.9548 crs	₹0.0220 crs	45,149.09%
EPS	₹2.11	₹0.0046	45,769.57%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.318.9565 crores during the 9 Months period ended December 31, 2022 as compared to Rs.328.5995 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.15.5002 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.13.3342 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.29 for the 9 Months period ended December 31, 2022 as compared to Rs.2.83 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹318.9565 crs	₹328.5995 crs	-2.93%
Net Profit	₹15.5002 crs	₹13.3342 crs	16.24%
EPS	₹3.29	₹2.83	16.25%

Shares of MODERN INSULATORS LTD. was last trading in BSE at Rs. 48.75 as compared to the previous close of Rs. 46.45. The total number of shares traded during the day was 29100 in over 102 trades.

The stock hit an intraday high of Rs. 48.75 and intraday low of 45.75. The net turnover during the day was Rs. 1405010.00.

Source : Equity Bulls

Keywords

ModernInsulators Q3FY23 9MFY23 ResultUpdate