Gini Silk Mills Ltd Q3FY23 profit up at Rs. 15.53 lakhs

GINI SILK MILLS 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. 11.2864 crores during the period ended December 31, 2022 as compared to Rs. 13.0996 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1553 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.4757 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.2776 for the period ended December 31, 2022 as compared to Rs. 0.8505 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹11.2864 crs	₹13.0996 crs	-13.84%
Net Profit	₹0.1553 crs	₹0.4757 crs	-67.35%
EPS	₹0.2776	₹0.8505	-67.36%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.11.2864 crores during the period ended December 31, 2022 as compared to Rs.9.6327 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1553 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.0132 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.2776 for the period ended December 31, 2022 as compared to Rs.-0.0236 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹11.2864 crs	₹9.6327 crs	17.17%
Net Profit	₹0.1553 crs	₹-0.0132 crs	1,276.52%
EPS	₹0.2776	₹-0.0236	1,276.27%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.35.1444 crores during the 9 Months period ended December 31, 2022 as compared to Rs.22.6262 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.4568 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.1728 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.8167 for the 9 Months period ended December 31, 2022 as compared to Rs.0.3089 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹35.1444 crs	₹22.6262 crs	55.33%
Net Profit	₹0.4568 crs	₹0.1728 crs	164.35%
EPS	₹0.8167	₹0.3089	164.39%

Shares of GINI SILK MILLS LTD. was last trading in BSE at Rs. 40.75 as compared to the previous close of Rs. 39.05. The total number of shares traded during the day was 3 in over 3 trades.

The stock hit an intraday high of Rs. 40.75 and intraday low of 39.05. The net turnover during the day was Rs. 120.00.

Source : Equity Bulls

Keywords

GiniSilkMills Q3FY23 9MFY23 ResultUpdate