Aarnav Fashions Ltd Q3 FY23 net profit lower at Rs. 1.37 crore

Aarnav Fashions 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. 68.5087 crores during the period ended December 31, 2022 as compared to Rs. 100.0758 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.3714 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.8845 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.325 for the period ended December 31, 2022 as compared to Rs. 0.446 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹68.5087 crs	₹100.0758 crs	-31.54%
Net Profit	₹1.3714 crs	₹1.8845 crs	-27.23%
EPS	₹0.325	₹0.446	-27.13%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.68.5087 crores during the period ended December 31, 2022 as compared to Rs.114.4081 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.3714 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.6613 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.325 for the period ended December 31, 2022 as compared to Rs.0.630 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹68.5087 crs	₹114.4081 crs	-40.12%
Net Profit	₹1.3714 crs	₹2.6613 crs	-48.47%
EPS	₹0.325	₹0.630	-48.41%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.285.1618 crores during the 9 Months period ended December 31, 2022 as compared to Rs.272.8746 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.8120 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.5.1025 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.376 for the 9 Months period ended December 31, 2022 as compared to Rs.1.208 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹285.1618 crs	₹272.8746 crs	4.50%
Net Profit	₹5.8120 crs	₹5.1025 crs	13.90%
EPS	₹1.376	₹1.208	13.91%

Shares of Aarnav Fashions Ltd was last trading in BSE at Rs. 39.70 as compared to the previous close of Rs. 39.45. The total number of shares traded during the day was 33025 in over 272 trades.

The stock hit an intraday high of Rs. 39.90 and intraday low of 38.50. The net turnover during the day was Rs. 1307572.00.

Source : Equity Bulls

Keywords

AarnavFashions Q3FY23 9MFY23 ResultUpdate