Star Paper Mills Ltd Q3 FY2023 net profit slides QoQ to Rs. 12.73 crores

Star Paper Mills Limited 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. 119.2341 crores during the period ended December 31, 2022 as compared to Rs. 137.6669 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 12.7390 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 21.1988 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 8.16 for the period ended December 31, 2022 as compared to Rs. 13.58 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹119.2341 crs	₹137.6669 crs	-13.39%
Net Profit	₹12.7390 crs	₹21.1988 crs	-39.91%
EPS	₹8.16	₹13.58	-39.91%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.119.2341 crores during the period ended December 31, 2022 as compared to Rs.96.0916 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.12.7390 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.2010 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.8.16 for the period ended December 31, 2022 as compared to Rs.4.61 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹119.2341 crs	₹96.0916 crs	24.08%
Net Profit	₹12.7390 crs	₹7.2010 crs	76.91%
EPS	₹8.16	₹4.61	77.01%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.379.4570 crores during the 9 Months period ended December 31, 2022 as compared to Rs.227.3667 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.49.2185 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.18.8374 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.31.53 for the 9 Months period ended December 31, 2022 as compared to Rs.12.07 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹379.4570 crs	₹227.3667 crs	66.89%
Net Profit	₹49.2185 crs	₹18.8374 crs	161.28%
EPS	₹31.53	₹12.07	161.23%

Shares of Star Paper Mills Limited was last trading in BSE at Rs. 175.35 as compared to the previous close of Rs. 177.20. The total number of shares traded during the day was 1116 in over 158 trades.

The stock hit an intraday high of Rs. 189.95 and intraday low of 173.75. The net turnover during the day was Rs. 196575.00.

Source : Equity Bulls

Keywords

StarPaperMills Q3FY23 9MFY23 ResultUpdate