I G Petrochemicals Ltd Q4 FY2023 consolidated profit up QoQ at Rs. 38.14 crores

IG Petrochemicals Limited 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. 610.8499 crores during the period ended March 31, 2023 as compared to Rs. 524.5259 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 38.1471 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 25.4918 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 12.39 for the period ended March 31, 2023 as compared to Rs. 8.28 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹610.8499 crs	₹524.5259 crs	16.46%
Net Profit	₹38.1471 crs	₹25.4918 crs	49.64%
EPS	₹12.39	₹8.28	49.64%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.610.8499 crores during the period ended March 31, 2023 as compared to Rs.519.1260 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.38.1471 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.73.623 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.12.39 for the period ended March 31, 2023 as compared to Rs.23.91 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹610.8499 crs	₹519.1260 crs	17.67%
Net Profit	₹38.1471 crs	₹73.623 crs	-48.19%
EPS	₹12.39	₹23.91	-48.18%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2374.2752 crores during the Financial Year ended March 31, 2023 as compared to Rs.1889.7389 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.200.0177 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.264.5032 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.64.94 for the Financial Year ended March 31, 2023 as compared to Rs.85.88 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹2374.2752 crs	₹1889.7389 crs	25.64%
Net Profit	₹200.0177 crs	₹264.5032 crs	-24.38%
EPS	₹64.94	₹85.88	-24.38%

Shares of IG Petrochemicals Limited was last trading in BSE at Rs. 461.55 as compared to the previous close of Rs. 473.35. The total number of shares traded during the day was 8083 in over 567 trades.

The stock hit an intraday high of Rs. 476.25 and intraday low of 457.80. The net turnover during the day was Rs. 3755042.00.

Source : Equity Bulls

Keywords

IGPetrochemicals Q4FY23 FY2023 ResultUpdate