Narbada Gems and Jewellery Ltd Q3FY23 PAT up QoQ at Rs. 96.58 lakhs

NARBADA GEMS AND JEWELLERY 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. 29.7108 crores during the period ended December 31, 2022 as compared to Rs. 22.0991 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.9658 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.7195 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.45 for the period ended December 31, 2022 as compared to Rs. 0.33 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹29.7108 crs	₹22.0991 crs	34.44%
Net Profit	₹0.9658 crs	₹0.7195 crs	34.23%
EPS	₹0.45	₹0.33	36.36%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.29.7108 crores during the period ended December 31, 2022 as compared to Rs.19.5834 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.9658 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.6408 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.45 for the period ended December 31, 2022 as compared to Rs.0.90 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹29.7108 crs	₹19.5834 crs	51.71%
Net Profit	₹0.9658 crs	₹1.6408 crs	-41.14%
EPS	₹0.45	₹0.90	-50.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.74.3959 crores during the 9 Months period ended December 31, 2022 as compared to Rs.48.6869 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.0110 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.3.0494 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.60 for the 9 Months period ended December 31, 2022 as compared to Rs.1.71 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹74.3959 crs	₹48.6869 crs	52.80%
Net Profit	₹4.0110 crs	₹3.0494 crs	31.53%
EPS	₹1.60	₹1.71	-6.43%

Shares of NARBADA GEMS AND JEWELLERY LTD. was last trading in BSE at Rs. 49.70 as compared to the previous close of Rs. 48.50. The total number of shares traded during the day was 241 in over 9 trades.

The stock hit an intraday high of Rs. 49.90 and intraday low of 46.75. The net turnover during the day was Rs. 11978.00.

Source : Equity Bulls

Keywords

NarbadaGemsandJewellery Q3FY23 9MFY23 ResultUpdate