Salora International Ltd Q3 FY23 loss increases to Rs. 5.45 crore

SALORA INTERNATIONAL 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. 35.5648 crores during the period ended December 31, 2022 as compared to Rs. 46.9438 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -5.4599 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.6119 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -6.20 for the period ended December 31, 2022 as compared to Rs. -0.69 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹35.5648 crs	₹46.9438 crs	-24.24%
Net Profit	₹-5.4599 crs	₹-0.6119 crs	792.29%
EPS	₹-6.20	₹-0.69	798.55%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.35.5648 crores during the period ended December 31, 2022 as compared to Rs.30.8625 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-5.4599 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0424 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-6.20 for the period ended December 31, 2022 as compared to Rs.0.05 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹35.5648 crs	₹30.8625 crs	15.24%
Net Profit	₹-5.4599 crs	₹0.0424 crs	-12,977.12%
EPS	₹-6.20	₹0.05	-12,500.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.93.0538 crores during the 9 Months period ended December 31, 2022 as compared to Rs.64.4609 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-6.8109 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-5.8233 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-7.73 for the 9 Months period ended December 31, 2022 as compared to Rs.-6.61 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹93.0538 crs	₹64.4609 crs	44.36%
Net Profit	₹-6.8109 crs	₹-5.8233 crs	16.96%
EPS	₹-7.73	₹-6.61	16.94%

Shares of SALORA INTERNATIONAL LTD. was last trading in BSE at Rs. 36.40 as compared to the previous close of Rs. 34.55. The total number of shares traded during the day was 4949 in over 27 trades.

The stock hit an intraday high of Rs. 38.45 and intraday low of 33.55. The net turnover during the day was Rs. 179369.00.

Source : Equity Bulls

Keywords

SaloraInternational Q3FY23 9MFY23 ResultUpdate