NHC Foods Ltd posts net profit of Rs. 28.23 lakhs in Q3 FY2022-23

NHC FOODS 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. 34.3064 crores during the period ended December 31, 2022 as compared to Rs. 33.2826 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.2823 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.3991 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.24 for the period ended December 31, 2022 as compared to Rs. 0.34 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹34.3064 crs	₹33.2826 crs	3.08%
Net Profit	₹0.2823 crs	₹0.3991 crs	-29.27%
EPS	₹0.24	₹0.34	-29.41%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.34.3064 crores during the period ended December 31, 2022 as compared to Rs.46.6867 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2823 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.2392 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.24 for the period ended December 31, 2022 as compared to Rs.0.20 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹34.3064 crs	₹46.6867 crs	-26.52%
Net Profit	₹0.2823 crs	₹0.2392 crs	18.02%
EPS	₹0.24	₹0.20	20.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.106.6611 crores during the 9 Months period ended December 31, 2022 as compared to Rs.111.1534 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.0259 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.8803 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.87 for the 9 Months period ended December 31, 2022 as compared to Rs.0.74 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹106.6611 crs	₹111.1534 crs	-4.04%
Net Profit	₹1.0259 crs	₹0.8803 crs	16.54%
EPS	₹0.87	₹0.74	17.57%

Shares of NHC FOODS LTD. was last trading in BSE at Rs. 37.85 as compared to the previous close of Rs. 36.90. The total number of shares traded during the day was 49780 in over 263 trades.

The stock hit an intraday high of Rs. 38.35 and intraday low of 35.30. The net turnover during the day was Rs. 1832427.00.

Source : Equity Bulls

Keywords

NHCFoods Q3FY23 9MFY23 ResultUpdate