Stock Report

Garware Marine Industries Ltd Q3 FY23 profit at Rs. 4.18 lakhs



Posted On : 2023-02-11 14:57:00( TIMEZONE : IST )

Garware Marine Industries Ltd Q3 FY23 profit at Rs. 4.18 lakhs

GARWARE MARINE 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. 0.3478 crores during the period ended December 31, 2022 as compared to Rs. 0.3690 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0418 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.0352 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.07 for the period ended December 31, 2022 as compared to Rs. 0.06 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹0.3478 crs ₹0.3690 crs Up Tick / Down Tick-5.75%
Net Profit ₹0.0418 crs ₹0.0352 crs Up Tick / Down Tick18.75%
EPS ₹0.07 ₹0.06 Up Tick / Down Tick16.67%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.3478 crores during the period ended December 31, 2022 as compared to Rs.0.4705 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0418 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.3274 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.07 for the period ended December 31, 2022 as compared to Rs.-0.57 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹0.3478 crs ₹0.4705 crs Up Tick / Down Tick-26.08%
Net Profit ₹0.0418 crs ₹-0.3274 crs Up Tick / Down Tick112.77%
EPS ₹0.07 ₹-0.57 Up Tick / Down Tick112.28%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.0394 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1.3163 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1741 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.0259 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.30 for the 9 Months period ended December 31, 2022 as compared to Rs.0.05 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1.0394 crs ₹1.3163 crs Up Tick / Down Tick-21.04%
Net Profit ₹0.1741 crs ₹0.0259 crs Up Tick / Down Tick572.20%
EPS ₹0.30 ₹0.05 Up Tick / Down Tick500.00%

Shares of GARWARE MARINE INDUSTRIES LTD. was last trading in BSE at Rs. 9.16 as compared to the previous close of Rs. 9.11. The total number of shares traded during the day was 751 in over 8 trades.

The stock hit an intraday high of Rs. 9.16 and intraday low of 9.00. The net turnover during the day was Rs. 6818.00.

Source : Equity Bulls

Keywords

GarwareMarineIndustries Q3FY23 9MFY23 ResultUpdate