Competent Automobiles Company Ltd Q3 FY2023 PAT up at Rs. 6.37 crores

COMPETENT AUTOMOBILES CO.LTD. 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. 518.3364 crores during the period ended December 31, 2022 as compared to Rs. 396.9856 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 6.3797 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.5870 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 10.38 for the period ended December 31, 2022 as compared to Rs. 7.46 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹518.3364 crs	₹396.9856 crs	30.57%
Net Profit	₹6.3797 crs	₹4.5870 crs	39.08%
EPS	₹10.38	₹7.46	39.14%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.518.3364 crores during the period ended December 31, 2022 as compared to Rs.379.7563 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.3797 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.6.3572 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.10.38 for the period ended December 31, 2022 as compared to Rs.10.34 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹518.3364 crs	₹379.7563 crs	36.49%
Net Profit	₹6.3797 crs	₹6.3572 crs	0.35%
EPS	₹10.38	₹10.34	0.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1279.4899 crores during the 9 Months period ended December 31, 2022 as compared to Rs.895.9245 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.15.6870 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.12.9744 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.25.52 for the 9 Months period ended December 31, 2022 as compared to Rs.21.11 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1279.4899 crs	₹895.9245 crs	42.81%
Net Profit	₹15.6870 crs	₹12.9744 crs	20.91%
EPS	₹25.52	₹21.11	20.89%

Shares of COMPETENT AUTOMOBILES CO.LTD. was last trading in BSE at Rs. 214.95 as compared to the previous close of Rs. 220.90. The total number of shares traded during the day was 448 in over 14 trades.

The stock hit an intraday high of Rs. 221.90 and intraday low of 214.00. The net turnover during the day was Rs. 96798.00.

Source : Equity Bulls

Keywords

CompetentAutomobilesCompany Q3FY23 9MFY23 ResultUpdate