Stock Report

Axel Polymers Ltd Q3FY23 profit up at Rs. 26.70 lakhs



Posted On : 2023-02-14 11:10:10( TIMEZONE : IST )

Axel Polymers Ltd Q3FY23 profit up at Rs. 26.70 lakhs

AXEL POLYMERS 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. 17.7619 crores during the period ended December 31, 2022 as compared to Rs. 21.5278 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.2670 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.2502 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.31 for the period ended December 31, 2022 as compared to Rs. 0.29 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹17.7619 crs ₹21.5278 crs Up Tick / Down Tick-17.49%
Net Profit ₹0.2670 crs ₹0.2502 crs Up Tick / Down Tick6.71%
EPS ₹0.31 ₹0.29 Up Tick / Down Tick6.90%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.17.7619 crores during the period ended December 31, 2022 as compared to Rs.12.6711 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2670 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.2025 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.31 for the period ended December 31, 2022 as compared to Rs.0.24 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹17.7619 crs ₹12.6711 crs Up Tick / Down Tick40.18%
Net Profit ₹0.2670 crs ₹0.2025 crs Up Tick / Down Tick31.85%
EPS ₹0.31 ₹0.24 Up Tick / Down Tick29.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.58.1593 crores during the 9 Months period ended December 31, 2022 as compared to Rs.48.8729 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.7752 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.6660 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.91 for the 9 Months period ended December 31, 2022 as compared to Rs.0.78 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹58.1593 crs ₹48.8729 crs Up Tick / Down Tick19.00%
Net Profit ₹0.7752 crs ₹0.6660 crs Up Tick / Down Tick16.40%
EPS ₹0.91 ₹0.78 Up Tick / Down Tick16.67%

Shares of AXEL POLYMERS LTD. was last trading in BSE at Rs. 44.00 as compared to the previous close of Rs. 44.40. The total number of shares traded during the day was 1821 in over 15 trades.

The stock hit an intraday high of Rs. 45.90 and intraday low of 42.25. The net turnover during the day was Rs. 81253.00.

Source : Equity Bulls

Keywords

AxelPolymers Q3FY23 9MFY23 ResultUpdate