Stock Report

Hitech Corporation Ltd posts fall in Q3FY23 PAT to Rs. 2.67 crore



Posted On : 2023-02-12 20:54:36( TIMEZONE : IST )

Hitech Corporation Ltd posts fall in Q3FY23 PAT to Rs. 2.67 crore

Hitech Corporation 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. 121.3138 crores during the period ended December 31, 2022 as compared to Rs. 161.1395 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.6765 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 10.4884 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.56 for the period ended December 31, 2022 as compared to Rs. 6.11 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹121.3138 crs ₹161.1395 crs Up Tick / Down Tick-24.72%
Net Profit ₹2.6765 crs ₹10.4884 crs Up Tick / Down Tick-74.48%
EPS ₹1.56 ₹6.11 Up Tick / Down Tick-74.47%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.121.3138 crores during the period ended December 31, 2022 as compared to Rs.141.1096 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.6765 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.11.8434 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.56 for the period ended December 31, 2022 as compared to Rs.6.90 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹121.3138 crs ₹141.1096 crs Up Tick / Down Tick-14.03%
Net Profit ₹2.6765 crs ₹11.8434 crs Up Tick / Down Tick-77.40%
EPS ₹1.56 ₹6.90 Up Tick / Down Tick-77.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.431.0153 crores during the 9 Months period ended December 31, 2022 as compared to Rs.439.0226 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.19.5056 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.29.0539 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.11.36 for the 9 Months period ended December 31, 2022 as compared to Rs.16.92 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹431.0153 crs ₹439.0226 crs Up Tick / Down Tick-1.82%
Net Profit ₹19.5056 crs ₹29.0539 crs Up Tick / Down Tick-32.86%
EPS ₹11.36 ₹16.92 Up Tick / Down Tick-32.86%

Shares of Hitech Corporation Limited was last trading in BSE at Rs. 210.55 as compared to the previous close of Rs. 210.10. The total number of shares traded during the day was 3173 in over 75 trades.

The stock hit an intraday high of Rs. 218.40 and intraday low of 205.80. The net turnover during the day was Rs. 670990.00.

Source : Equity Bulls

Keywords

HitechCorporation Q3FY23 9MFY23 ResultUpdate