Sangal Papers Ltd Q3 FY2023 net profit falls QoQ to Rs. 35.11 lakhs

SANGAL PAPERS 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. 59.418 crores during the period ended December 31, 2022 as compared to Rs. 55.9156 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.3511 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.5535 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.69 for the period ended December 31, 2022 as compared to Rs. 4.23 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹59.418 crs	₹55.9156 crs	6.26%
Net Profit	₹0.3511 crs	₹0.5535 crs	-36.57%
EPS	₹2.69	₹4.23	-36.41%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.59.418 crores during the period ended December 31, 2022 as compared to Rs.39.735 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.3511 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.2052 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.69 for the period ended December 31, 2022 as compared to Rs.1.57 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹59.418 crs	₹39.735 crs	49.54%
Net Profit	₹0.3511 crs	₹0.2052 crs	71.10%
EPS	₹2.69	₹1.57	71.34%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.167.9305 crores during the 9 Months period ended December 31, 2022 as compared to Rs.116.6917 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.7619 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.7918 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.21.13 for the 9 Months period ended December 31, 2022 as compared to Rs.6.06 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹167.9305 crs	₹116.6917 crs	43.91%
Net Profit	₹2.7619 crs	₹0.7918 crs	248.81%
EPS	₹21.13	₹6.06	248.68%

Shares of SANGAL PAPERS LTD. was last trading in BSE at Rs. 176.80 as compared to the previous close of Rs. 186.10. The total number of shares traded during the day was 273 in over 15 trades.

The stock hit an intraday high of Rs. 176.80 and intraday low of 176.80. The net turnover during the day was Rs. 48266.00.

Source : Equity Bulls

Keywords

SangalPapers Q3FY23 9MFY23 ResultUpdate