Stock Report

Tarsons Products Ltd Q3FY23 net profit declines to Rs. 16.11 crores



Posted On : 2023-02-13 14:54:51( TIMEZONE : IST )

Tarsons Products Ltd Q3FY23 net profit declines to Rs. 16.11 crores

Tarsons Products 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. 64.674 crores during the period ended December 31, 2022 as compared to Rs. 74.962 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 16.116 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 21.463 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.03 for the period ended December 31, 2022 as compared to Rs. 4.03 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹64.674 crs ₹74.962 crs Up Tick / Down Tick-13.72%
Net Profit ₹16.116 crs ₹21.463 crs Up Tick / Down Tick-24.91%
EPS ₹3.03 ₹4.03 Up Tick / Down Tick-24.81%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.64.674 crores during the period ended December 31, 2022 as compared to Rs.73.125 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.16.116 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.21.473 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.03 for the period ended December 31, 2022 as compared to Rs.4.14 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹64.674 crs ₹73.125 crs Up Tick / Down Tick-11.56%
Net Profit ₹16.116 crs ₹21.473 crs Up Tick / Down Tick-24.95%
EPS ₹3.03 ₹4.14 Up Tick / Down Tick-26.81%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.210.958 crores during the 9 Months period ended December 31, 2022 as compared to Rs.221.743 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.57.89 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.71.201 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.88 for the 9 Months period ended December 31, 2022 as compared to Rs.13.89 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹210.958 crs ₹221.743 crs Up Tick / Down Tick-4.86%
Net Profit ₹57.89 crs ₹71.201 crs Up Tick / Down Tick-18.69%
EPS ₹10.88 ₹13.89 Up Tick / Down Tick-21.67%

Shares of Tarsons Products Ltd was last trading in BSE at Rs. 707.20 as compared to the previous close of Rs. 698.40. The total number of shares traded during the day was 2161 in over 447 trades.

The stock hit an intraday high of Rs. 715.00 and intraday low of 696.50. The net turnover during the day was Rs. 1530810.00.

Source : Equity Bulls

Keywords

TarsonsProducts Q3FY23 9MFY23 ResultUpdate