Avadh Sugar and Energy Ltd Q4FY23 net profit surges to Rs. 79.09 crores

Avadh Sugar & Energy Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 848.0762 crores during the period ended March 31, 2023 as compared to Rs. 676.4430 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 79.0933 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 17.7356 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 39.51 for the period ended March 31, 2023 as compared to Rs. 8.86 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹848.0762 crs	₹676.4430 crs	25.37%
Net Profit	₹79.0933 crs	₹17.7356 crs	345.96%
EPS	₹39.51	₹8.86	345.94%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.848.0762 crores during the period ended March 31, 2023 as compared to Rs.760.3371 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.79.0933 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.51.3534 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.39.51 for the period ended March 31, 2023 as compared to Rs.25.66 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹848.0762 crs	₹760.3371 crs	11.54%
Net Profit	₹79.0933 crs	₹51.3534 crs	54.02%
EPS	₹39.51	₹25.66	53.98%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2807.2697 crores during the Financial Year ended March 31, 2023 as compared to Rs.2747.7789 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.100.2394 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.124.4093 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.50.07 for the Financial Year ended March 31, 2023 as compared to Rs.62.15 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹2807.2697 crs	₹2747.7789 crs	2.17%
Net Profit	₹100.2394 crs	₹124.4093 crs	-19.43%
EPS	₹50.07	₹62.15	-19.44%

Shares of Avadh Sugar & Energy Limited was last trading in BSE at Rs. 533.75 as compared to the previous close of Rs. 501.70. The total number of shares traded during the day was 28790 in over 1737 trades.

The stock hit an intraday high of Rs. 552.00 and intraday low of 506.85. The net turnover during the day was Rs. 15416060.00.

Source : Equity Bulls

Keywords

AvadhSugarandEnergy Q4FY23 FY2023 ResultUpdate