Indian Acrylics Ltd Q4 FY23 consolidated profit jumps to Rs. 19.03 crores

INDIAN ACRYLICS LTD. has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 229.6472 crores during the period ended March 31, 2023 as compared to Rs. 193.4819 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 19.0332 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 1.0549 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.41 for the period ended March 31, 2023 as compared to Rs. 0.08 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹229.6472 crs	₹193.4819 crs	18.69%
Net Profit	₹19.0332 crs	₹1.0549 crs	1,704.27%
EPS	₹1.41	₹0.08	1,662.50%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.229.6472 crores during the period ended March 31, 2023 as compared to Rs.225.3541 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.19.0332 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-23.8360 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.41 for the period ended March 31, 2023 as compared to Rs.-1.76 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹229.6472 crs	₹225.3541 crs	1.91%
Net Profit	₹19.0332 crs	₹-23.8360 crs	179.85%
EPS	₹1.41	₹-1.76	180.11%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.909.7652 crores during the Financial Year ended March 31, 2023 as compared to Rs.623.84 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.19.4706 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-76.0771 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.1.44 for the Financial Year ended March 31, 2023 as compared to Rs.-5.62 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹909.7652 crs	₹623.84 crs	45.83%
Net Profit	₹19.4706 crs	₹-76.0771 crs	125.59%
EPS	₹1.44	₹-5.62	125.62%

Shares of INDIAN ACRYLICS LTD. was last trading in BSE at Rs. 11.97 as compared to the previous close of Rs. 9.98. The total number of shares traded during the day was 966910 in over 716 trades.

The stock hit an intraday high of Rs. 11.97 and intraday low of 9.53. The net turnover during the day was Rs. 10964852.00.

Source : Equity Bulls

Keywords

IndianAcrylics Q4FY23 FY2023 ResultUpdate