ITD Cementation India Ltd consolidated Q4FY23 PAT higher at Rs. 37.78 crores

ITD Cementation India 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. 1638.6827 crores during the period ended March 31, 2023 as compared to Rs. 1327.7586 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 37.7898 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 36.5206 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.20 for the period ended March 31, 2023 as compared to Rs. 2.13 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹1638.6827 crs	₹1327.7586 crs	23.42%
Net Profit	₹37.7898 crs	₹36.5206 crs	3.48%
EPS	₹2.20	₹2.13	3.29%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1638.6827 crores during the period ended March 31, 2023 as compared to Rs.1176.8932 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.37.7898 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.16.3823 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.20 for the period ended March 31, 2023 as compared to Rs.0.95 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹1638.6827 crs	₹1176.8932 crs	39.24%
Net Profit	₹37.7898 crs	₹16.3823 crs	130.67%
EPS	₹2.20	₹0.95	131.58%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5119.5332 crores during the Financial Year ended March 31, 2023 as compared to Rs.3820.8753 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.124.2444 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.68.8051 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.7.23 for the Financial Year ended March 31, 2023 as compared to Rs.4.01 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹5119.5332 crs	₹3820.8753 crs	33.99%
Net Profit	₹124.2444 crs	₹68.8051 crs	80.57%
EPS	₹7.23	₹4.01	80.30%

Asset Quality:

Asset Quality	Q4 FY2023	Q3 FY2023	Q4 FY2022
Gross NPA	₹ crs	₹ crs	₹ crs
Gross NPA %	%	%	%
Net NPA	₹ crs	₹ crs	₹ crs
Net NPA %	%	%	%

Gross NPA was at ₹ crs in Q4 FY2023 against ₹ crs in Q4 FY2022. The same was at ₹ crs in Q3 FY2023.

Net NPA was at ₹ crs in Q4 FY2023 against ₹ crs in Q4 FY2022. The same was at ₹ crs in Q3 FY2023.

GNPA was at % of Gross advances as on March 31, 2023 as compared to % as on March 31, 2022 and % as of December 31, 2022.

Net NPA was at % of Gross advances as on March 31, 2023 as compared to % as on March 31, 2022 and % as of December 31, 2022.

Ratios	Q4 FY2023	Q3 FY2023	Q4 FY2022
RoA %	%	%	%
CAR (BASEL III) %	%	%	%

Return on Average Assets (RoA) is at % for Q4 FY2023 against % in Q3 FY2023 and % in Q4 FY2022.

In Q4 FY2023, Bank's total Capital Adequacy Ratio (CAR) was at %, as compared to % in Q3 FY2023 and % in Q4 FY2022.

Shares of ITD Cementation India Limited was last trading in BSE at Rs. 147.05 as compared to the previous close of Rs. 144.45. The total number of shares traded during the day was 61646 in over 1173 trades.

The stock hit an intraday high of Rs. 148.15 and intraday low of 143.85. The net turnover during the day was Rs. 8976104.00.

Source : Equity Bulls

Keywords

ITDCementationIndia Q4FY23 FY2023 ResultUpdate