GRM Overseas Ltd Q3 FY23 consolidated net profit up QoQ at Rs. 19.61 crores

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. 365.1343 crores during the period ended December 31, 2022 as compared to Rs. 270.1692 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 19.6126 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 13.6608 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.27 for the period ended December 31, 2022 as compared to Rs. 2.28 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹365.1343 crs	₹270.1692 crs	35.15%
Net Profit	₹19.6126 crs	₹13.6608 crs	43.57%
EPS	₹3.27	₹2.28	43.42%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.365.1343 crores during the period ended December 31, 2022 as compared to Rs.313.2236 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.19.6126 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.26.6647 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.27 for the period ended December 31, 2022 as compared to Rs.4.45 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹365.1343 crs	₹313.2236 crs	16.57%
Net Profit	₹19.6126 crs	₹26.6647 crs	-26.45%
EPS	₹3.27	₹4.45	-26.52%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.954.1157 crores during the 9 Months period ended December 31, 2022 as compared to Rs.794.5050 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.51.5833 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.69.4344 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.8.60 for the 9 Months period ended December 31, 2022 as compared to Rs.11.60 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹954.1157 crs	₹794.5050 crs	20.09%
Net Profit	₹51.5833 crs	₹69.4344 crs	-25.71%
EPS	₹8.60	₹11.60	-25.86%

Source : Equity Bulls

Keywords

GRMOverseas Q3FY23 9MFY23 ResultUpdate