Neogen Chemicals Ltd Q3FY23 consolidated net profit up at Rs. 14.69 crores

Neogen Chemicals 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. 187.65 crores during the period ended December 31, 2022 as compared to Rs. 148.54 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 14.69 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 9.87 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 5.89 for the period ended December 31, 2022 as compared to Rs. 3.95 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹187.65 crs	₹148.54 crs	26.33%
Net Profit	₹14.69 crs	₹9.87 crs	48.83%
EPS	₹5.89	₹3.95	49.11%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.187.65 crores during the period ended December 31, 2022 as compared to Rs.132.67 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.69 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.10.46 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.5.89 for the period ended December 31, 2022 as compared to Rs.4.49 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹187.65 crs	₹132.67 crs	41.44%
Net Profit	₹14.69 crs	₹10.46 crs	40.44%
EPS	₹5.89	₹4.49	31.18%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.484.98 crores during the 9 Months period ended December 31, 2022 as compared to Rs.330.67 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.35.65 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.28.99 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.14.29 for the 9 Months period ended December 31, 2022 as compared to Rs.12.43 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹484.98 crs	₹330.67 crs	46.67%
Net Profit	₹35.65 crs	₹28.99 crs	22.97%
EPS	₹14.29	₹12.43	14.96%

Shares of Neogen Chemicals Limited was last trading in BSE at Rs. 1264.00 as compared to the previous close of Rs. 1255.25. The total number of shares traded during the day was 2220 in over 383 trades.

The stock hit an intraday high of Rs. 1266.95 and intraday low of 1220.05. The net turnover during the day was Rs. 2792787.00.

Source : Equity Bulls

Keywords

NeogenChemicals Q3FY23 9MFY23 ResultUpdate