Stock Report

Minaxi Textiles Ltd Q3FY23 loss at Rs. 1.20 crore



Posted On : 2023-02-11 21:37:47( TIMEZONE : IST )

Minaxi Textiles Ltd Q3FY23 loss at Rs. 1.20 crore

MINAXI TEXTILES 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. 6.0334 crores during the period ended December 31, 2022 as compared to Rs. 6.2522 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -1.2012 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -1.7903 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. -0.36 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹6.0334 crs ₹6.2522 crs Up Tick / Down Tick-3.50%
Net Profit ₹-1.2012 crs ₹-1.7903 crs Up Tick / Down Tick32.91%
EPS ₹-0.24 ₹-0.36 Up Tick / Down Tick33.33%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.6.0334 crores during the period ended December 31, 2022 as compared to Rs.10.6180 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.2012 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.6512 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.-0.13 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹6.0334 crs ₹10.6180 crs Up Tick / Down Tick-43.18%
Net Profit ₹-1.2012 crs ₹-0.6512 crs Up Tick / Down Tick84.46%
EPS ₹-0.24 ₹-0.13 Up Tick / Down Tick84.62%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.22.4188 crores during the 9 Months period ended December 31, 2022 as compared to Rs.20.1405 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-4.0550 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.9961 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-0.82 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.20 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹22.4188 crs ₹20.1405 crs Up Tick / Down Tick11.31%
Net Profit ₹-4.0550 crs ₹-0.9961 crs Up Tick / Down Tick307.09%
EPS ₹-0.82 ₹-0.20 Up Tick / Down Tick310.00%

Shares of MINAXI TEXTILES LTD. was last trading in BSE at Rs. 1.80 as compared to the previous close of Rs. 1.85. The total number of shares traded during the day was 285472 in over 143 trades.

The stock hit an intraday high of Rs. 1.89 and intraday low of 1.74. The net turnover during the day was Rs. 506766.00.

Source : Equity Bulls

Keywords

MinaxiTextiles Q3FY23 9MFY23 ResultUpdate