Aries Agro Ltd posts Rs. 5.12 crores consolidated PAT in Q3FY23

Aries Agro Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 133.4747 crores during the period ended December 31, 2022 as compared to Rs. 137.7680 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 5.1234 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 14.3698 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.94 for the period ended December 31, 2022 as compared to Rs. 11.05 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹133.4747 crs	₹137.7680 crs	-3.12%
Net Profit	₹5.1234 crs	₹14.3698 crs	-64.35%
EPS	₹3.94	₹11.05	-64.34%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.133.4747 crores during the period ended December 31, 2022 as compared to Rs.125.9156 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.1234 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.3.3911 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.94 for the period ended December 31, 2022 as compared to Rs.2.61 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹133.4747 crs	₹125.9156 crs	6.00%
Net Profit	₹5.1234 crs	₹3.3911 crs	51.08%
EPS	₹3.94	₹2.61	50.96%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.388.6922 crores during the 9 Months period ended December 31, 2022 as compared to Rs.351.8080 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.26.5067 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.20.3748 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.20.38 for the 9 Months period ended December 31, 2022 as compared to Rs.15.67 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹388.6922 crs	₹351.8080 crs	10.48%
Net Profit	₹26.5067 crs	₹20.3748 crs	30.10%
EPS	₹20.38	₹15.67	30.06%

Shares of Aries Agro Limited was last trading in BSE at Rs. 184.05 as compared to the previous close of Rs. 190.80. The total number of shares traded during the day was 27148 in over 1031 trades.

The stock hit an intraday high of Rs. 191.85 and intraday low of 182.70. The net turnover during the day was Rs. 5088046.00.

Source : Equity Bulls

Keywords

AriesAgro Q3FY23 9MFY23 ResultUpdate