Stock Report

Sharat Industries Ltd posts Rs. 1.80 crore profit in Q3FY23



Posted On : 2023-02-11 14:38:00( TIMEZONE : IST )

Sharat Industries Ltd posts Rs. 1.80 crore profit in Q3FY23

SHARAT 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. 86.8502 crores during the period ended December 31, 2022 as compared to Rs. 98.3879 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.8056 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.7102 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.76 for the period ended December 31, 2022 as compared to Rs. 0.72 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹86.8502 crs ₹98.3879 crs Up Tick / Down Tick-11.73%
Net Profit ₹1.8056 crs ₹1.7102 crs Up Tick / Down Tick5.58%
EPS ₹0.76 ₹0.72 Up Tick / Down Tick5.56%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.86.8502 crores during the period ended December 31, 2022 as compared to Rs.58.0568 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.8056 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.6511 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.76 for the period ended December 31, 2022 as compared to Rs.0.30 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹86.8502 crs ₹58.0568 crs Up Tick / Down Tick49.60%
Net Profit ₹1.8056 crs ₹0.6511 crs Up Tick / Down Tick177.32%
EPS ₹0.76 ₹0.30 Up Tick / Down Tick153.33%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.273.0479 crores during the 9 Months period ended December 31, 2022 as compared to Rs.194.2422 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.2163 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.9520 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.60 for the 9 Months period ended December 31, 2022 as compared to Rs.1.34 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹273.0479 crs ₹194.2422 crs Up Tick / Down Tick40.57%
Net Profit ₹6.2163 crs ₹2.9520 crs Up Tick / Down Tick110.58%
EPS ₹2.60 ₹1.34 Up Tick / Down Tick94.03%

Shares of SHARAT INDUSTRIES LTD. was last trading in BSE at Rs. 48.45 as compared to the previous close of Rs. 47.60. The total number of shares traded during the day was 739 in over 13 trades.

The stock hit an intraday high of Rs. 48.85 and intraday low of 46.25. The net turnover during the day was Rs. 35443.00.

Source : Equity Bulls

Keywords

SharatIndustries Q3FY23 9MFY23 ResultUpdate