Aries Agro Ltd posts consolidated loss of Rs. 9.37 crores in Q4 FY2023

Aries Agro 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. 92.6438 crores during the period ended March 31, 2023 as compared to Rs. 133.4747 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -9.3773 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 5.1234 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -7.21 for the period ended March 31, 2023 as compared to Rs. 3.94 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹92.6438 crs	₹133.4747 crs	-30.59%
Net Profit	₹-9.3773 crs	₹5.1234 crs	-283.03%
EPS	₹-7.21	₹3.94	-282.99%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.92.6438 crores during the period ended March 31, 2023 as compared to Rs.84.4711 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-9.3773 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-7.0844 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-7.21 for the period ended March 31, 2023 as compared to Rs.-5.45 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹92.6438 crs	₹84.4711 crs	9.68%
Net Profit	₹-9.3773 crs	₹-7.0844 crs	32.37%
EPS	₹-7.21	₹-5.45	32.29%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.481.0754 crores during the Financial Year ended March 31, 2023 as compared to Rs.436.2791 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.17.1293 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.13.2903 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.13.17 for the Financial Year ended March 31, 2023 as compared to Rs.10.22 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹481.0754 crs	₹436.2791 crs	10.27%
Net Profit	₹17.1293 crs	₹13.2903 crs	28.89%
EPS	₹13.17	₹10.22	28.86%

Shares of Aries Agro Limited was last trading in BSE at Rs. 171.95 as compared to the previous close of Rs. 172.30. The total number of shares traded during the day was 5091 in over 241 trades.

The stock hit an intraday high of Rs. 178.90 and intraday low of 170.70. The net turnover during the day was Rs. 890188.00.

Source : Equity Bulls

Keywords

AriesAgro Q4FY23 FY2023 ResultUpdate