AVRO India Ltd posts higher PAT of Rs. 1.18 crore in Q3FY23

AVRO INDIA LIMITED 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. 21.8165 crores during the period ended December 31, 2022 as compared to Rs. 21.5647 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.1868 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.0538 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.17 for the period ended December 31, 2022 as compared to Rs. 1.05 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹21.8165 crs	₹21.5647 crs	1.17%
Net Profit	₹1.1868 crs	₹1.0538 crs	12.62%
EPS	₹1.17	₹1.05	11.43%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.21.8165 crores during the period ended December 31, 2022 as compared to Rs.19.7207 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.1868 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.5036 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.17 for the period ended December 31, 2022 as compared to Rs.-0.42 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹21.8165 crs	₹19.7207 crs	10.63%
Net Profit	₹1.1868 crs	₹0.5036 crs	135.66%
EPS	₹1.17	₹-0.42	378.57%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.63.6923 crores during the 9 Months period ended December 31, 2022 as compared to Rs.46.5267 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.2812 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.9227 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.25 for the 9 Months period ended December 31, 2022 as compared to Rs.0.91 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹63.6923 crs	₹46.5267 crs	36.89%
Net Profit	₹3.2812 crs	₹0.9227 crs	255.61%
EPS	₹3.25	₹0.91	257.14%

Shares of AVRO INDIA LIMITED was last trading in BSE at Rs. 133.40 as compared to the previous close of Rs. 134.95. The total number of shares traded during the day was 3183 in over 68 trades.

The stock hit an intraday high of Rs. 140.50 and intraday low of 132.70. The net turnover during the day was Rs. 432865.00.

Source : Equity Bulls

Keywords

AVROIndia Q4FY23 9MFY23 ResultUpdate