Stock Report

Bannari Amman Sugars Ltd Q3 FY2023 profit climbs to Rs. 40.85 crores

Posted On : 2023-02-12 13:36:05( TIMEZONE : IST )

Bannari Amman Sugars 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. 933.9257 crores during the period ended December 31, 2022 as compared to Rs. 511.5814 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 40.8524 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 26.9271 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 32.58 for the period ended December 31, 2022 as compared to Rs. 21.47 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹933.9257 crs	₹511.5814 crs	82.56%
Net Profit	₹40.8524 crs	₹26.9271 crs	51.71%
EPS	₹32.58	₹21.47	51.75%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.933.9257 crores during the period ended December 31, 2022 as compared to Rs.717.0002 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.40.8524 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.29.5432 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.32.58 for the period ended December 31, 2022 as compared to Rs.23.56 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹933.9257 crs	₹717.0002 crs	30.25%
Net Profit	₹40.8524 crs	₹29.5432 crs	38.28%
EPS	₹32.58	₹23.56	38.29%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1906.1594 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1539.6152 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.93.4706 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.55.7013 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.74.54 for the 9 Months period ended December 31, 2022 as compared to Rs.44.42 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1906.1594 crs	₹1539.6152 crs	23.81%
Net Profit	₹93.4706 crs	₹55.7013 crs	67.81%
EPS	₹74.54	₹44.42	67.81%

Shares of Bannari Amman Sugars Limited was last trading in BSE at Rs. 2757.50 as compared to the previous close of Rs. 2770.15. The total number of shares traded during the day was 21 in over 11 trades.

The stock hit an intraday high of Rs. 2769.05 and intraday low of 2750.00. The net turnover during the day was Rs. 57853.00.