Galaxy Surfactants Ltd reports rises in Q3FY23 consolidated net profit to Rs. 106.21 crores

Galaxy Surfactants 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. 1084 crores during the period ended December 31, 2022 as compared to Rs. 1232.71 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 106.21 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 83.87 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 29.96 for the period ended December 31, 2022 as compared to Rs. 23.65 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1084 crs	₹1232.71 crs	-12.06%
Net Profit	₹106.21 crs	₹83.87 crs	26.64%
EPS	₹29.96	₹23.65	26.68%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1084 crores during the period ended December 31, 2022 as compared to Rs.930.85 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.106.21 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.45.62 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.29.96 for the period ended December 31, 2022 as compared to Rs.12.86 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1084 crs	₹930.85 crs	16.45%
Net Profit	₹106.21 crs	₹45.62 crs	132.81%
EPS	₹29.96	₹12.86	132.97%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3473.59 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2644.09 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.290.45 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.164.38 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.81.92 for the 9 Months period ended December 31, 2022 as compared to Rs.46.36 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3473.59 crs	₹2644.09 crs	31.37%
Net Profit	₹290.45 crs	₹164.38 crs	76.69%
EPS	₹81.92	₹46.36	76.70%

Shares of Galaxy Surfactants Limited was last trading in BSE at Rs. 2322.15 as compared to the previous close of Rs. 2314.15. The total number of shares traded during the day was 488 in over 224 trades.

The stock hit an intraday high of Rs. 2364.10 and intraday low of 2314.90. The net turnover during the day was Rs. 1135294.00.

Source : Equity Bulls

Keywords

GalaxySurfactants Q3FY23 9MFY23 ResultUpdate