Syrma SGS Technology Limited Q4 FY23 consolidated PAT soars to Rs. 42.31 crores

Syrma SGS Technology 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. 701.157 crores during the period ended March 31, 2023 as compared to Rs. 524.389 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 42.318 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 33.194 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.41 for the period ended March 31, 2023 as compared to Rs. 1.92 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹701.157 crs	₹524.389 crs	33.71%
Net Profit	₹42.318 crs	₹33.194 crs	27.49%
EPS	₹2.41	₹1.92	25.52%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.701.157 crores during the period ended March 31, 2023 as compared to Rs.379.339 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.42.318 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.16.355 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.41 for the period ended March 31, 2023 as compared to Rs.1.21 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹701.157 crs	₹379.339 crs	84.84%
Net Profit	₹42.318 crs	₹16.355 crs	158.75%
EPS	₹2.41	₹1.21	99.17%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2092.137 crores during the Financial Year ended March 31, 2023 as compared to Rs.1031.998 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.119.320 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.55.538 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.7.50 for the Financial Year ended March 31, 2023 as compared to Rs.4.94 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹2092.137 crs	₹1031.998 crs	102.73%
Net Profit	₹119.320 crs	₹55.538 crs	114.84%
EPS	₹7.50	₹4.94	51.82%

Shares of Syrma SGS Technology Limited was last trading in BSE at Rs. 318.90 as compared to the previous close of Rs. 320.65. The total number of shares traded during the day was 82819 in over 2667 trades.

The stock hit an intraday high of Rs. 329.00 and intraday low of 316.00. The net turnover during the day was Rs. 26618512.00.

Source : Equity Bulls

Keywords

SyrmaSGSTechnology Q4FY23 FY2023 ResultUpdate