Stock Report

Sambandam Spinning Mills Ltd Q3 FY2023 consolidated loss widens to Rs. 7.27 crores



Posted On : 2023-02-13 17:19:03( TIMEZONE : IST )

Sambandam Spinning Mills Ltd Q3 FY2023 consolidated loss widens to Rs. 7.27 crores

SAMBANDAM SPINNING MILLS LTD. 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. 56.5512 crores during the period ended December 31, 2022 as compared to Rs. 75.1034 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -7.2768 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -5.1606 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -17.06 for the period ended December 31, 2022 as compared to Rs. -12.10 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹56.5512 crs ₹75.1034 crs Up Tick / Down Tick-24.70%
Net Profit ₹-7.2768 crs ₹-5.1606 crs Up Tick / Down Tick41.01%
EPS ₹-17.06 ₹-12.10 Up Tick / Down Tick40.99%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.56.5512 crores during the period ended December 31, 2022 as compared to Rs.101.0435 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-7.2768 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.0647 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-17.06 for the period ended December 31, 2022 as compared to Rs.16.56 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹56.5512 crs ₹101.0435 crs Up Tick / Down Tick-44.03%
Net Profit ₹-7.2768 crs ₹7.0647 crs Up Tick / Down Tick-203.00%
EPS ₹-17.06 ₹16.56 Up Tick / Down Tick-203.02%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.214.1415 crores during the 9 Months period ended December 31, 2022 as compared to Rs.258.4647 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-11.1225 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.20.3177 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-26.08 for the 9 Months period ended December 31, 2022 as compared to Rs.47.64 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹214.1415 crs ₹258.4647 crs Up Tick / Down Tick-17.15%
Net Profit ₹-11.1225 crs ₹20.3177 crs Up Tick / Down Tick-154.74%
EPS ₹-26.08 ₹47.64 Up Tick / Down Tick-154.74%

Shares of SAMBANDAM SPINNING MILLS LTD. was last trading in BSE at Rs. 151.35 as compared to the previous close of Rs. 149.45. The total number of shares traded during the day was 351 in over 22 trades.

The stock hit an intraday high of Rs. 151.40 and intraday low of 144.15. The net turnover during the day was Rs. 52021.00.

Source : Equity Bulls

Keywords

SambandamSpinningMills Q3FY23 9MFY23 ResultUpdate