Stock Report

Rasandik Engineering Industries India Ltd Q3 FY2023 loss at Rs. 2.79 crore



Posted On : 2023-02-14 23:41:02( TIMEZONE : IST )

Rasandik Engineering Industries India Ltd Q3 FY2023 loss at Rs. 2.79 crore

RASANDIK ENGINEERING INDUSTRIES INDIA 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. 26.9598 crores during the period ended December 31, 2022 as compared to Rs. 47.8293 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -2.7909 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.8122 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -4.67 for the period ended December 31, 2022 as compared to Rs. 4.71 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹26.9598 crs ₹47.8293 crs Up Tick / Down Tick-43.63%
Net Profit ₹-2.7909 crs ₹2.8122 crs Up Tick / Down Tick-199.24%
EPS ₹-4.67 ₹4.71 Up Tick / Down Tick-199.15%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.26.9598 crores during the period ended December 31, 2022 as compared to Rs.53.7387 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-2.7909 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-1.1053 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-4.67 for the period ended December 31, 2022 as compared to Rs.-1.85 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹26.9598 crs ₹53.7387 crs Up Tick / Down Tick-49.83%
Net Profit ₹-2.7909 crs ₹-1.1053 crs Up Tick / Down Tick152.50%
EPS ₹-4.67 ₹-1.85 Up Tick / Down Tick152.43%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.128.1422 crores during the 9 Months period ended December 31, 2022 as compared to Rs.149.6966 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.3378 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-2.7361 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.57 for the 9 Months period ended December 31, 2022 as compared to Rs.-4.58 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹128.1422 crs ₹149.6966 crs Up Tick / Down Tick-14.40%
Net Profit ₹0.3378 crs ₹-2.7361 crs Up Tick / Down Tick112.35%
EPS ₹0.57 ₹-4.58 Up Tick / Down Tick112.45%

Shares of RASANDIK ENGINEERING INDUSTRIES INDIA LTD. was last trading in BSE at Rs. 77.35 as compared to the previous close of Rs. 85.90. The total number of shares traded during the day was 13914 in over 117 trades.

The stock hit an intraday high of Rs. 81.60 and intraday low of 77.35. The net turnover during the day was Rs. 1093005.00.

Source : Equity Bulls

Keywords

RasandikEngineeringIndustriesIndia Q3FY23 9MFY23 ResultUpdate