Stock Report

Styrenix Performance Materials Ltd Q3FY23 net profit jumps QoQ to Rs. 30.18 crores



Posted On : 2023-02-14 20:18:20( TIMEZONE : IST )

Styrenix Performance Materials Ltd Q3FY23 net profit jumps QoQ to Rs. 30.18 crores

INEOS Styrolution 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. 559.6405 crores during the period ended December 31, 2022 as compared to Rs. 553.6036 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 30.1863 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 23.6029 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 17.17 for the period ended December 31, 2022 as compared to Rs. 13.42 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹559.6405 crs ₹553.6036 crs Up Tick / Down Tick1.09%
Net Profit ₹30.1863 crs ₹23.6029 crs Up Tick / Down Tick27.89%
EPS ₹17.17 ₹13.42 Up Tick / Down Tick27.94%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.559.6405 crores during the period ended December 31, 2022 as compared to Rs.513.5382 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.30.1863 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.47.4245 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.17.17 for the period ended December 31, 2022 as compared to Rs.26.97 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹559.6405 crs ₹513.5382 crs Up Tick / Down Tick8.98%
Net Profit ₹30.1863 crs ₹47.4245 crs Up Tick / Down Tick-36.35%
EPS ₹17.17 ₹26.97 Up Tick / Down Tick-36.34%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1769.1115 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1568.0635 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.140.5750 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.223.4817 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.79.94 for the 9 Months period ended December 31, 2022 as compared to Rs.127.08 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1769.1115 crs ₹1568.0635 crs Up Tick / Down Tick12.82%
Net Profit ₹140.5750 crs ₹223.4817 crs Up Tick / Down Tick-37.10%
EPS ₹79.94 ₹127.08 Up Tick / Down Tick-37.09%

Shares of INEOS Styrolution India Limited was last trading in BSE at Rs. 737.35 as compared to the previous close of Rs. 773.15. The total number of shares traded during the day was 2545 in over 508 trades.

The stock hit an intraday high of Rs. 765.00 and intraday low of 736.00. The net turnover during the day was Rs. 1897133.00.

Source : Equity Bulls

Keywords

StyrenixPerformanceMaterials Q3FY23 9MFY23 ResultUpdate