Rolex Rings Ltd Q4 FY2022-23 PAT slips QoQ to Rs. 46.40 crores

Rolex Rings Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 299.732 crores during the period ended March 31, 2023 as compared to Rs. 314.107 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 46.407 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 52.791 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 17.04 for the period ended March 31, 2023 as compared to Rs. 19.39 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹299.732 crs	₹314.107 crs	-4.58%
Net Profit	₹46.407 crs	₹52.791 crs	-12.09%
EPS	₹17.04	₹19.39	-12.12%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.299.732 crores during the period ended March 31, 2023 as compared to Rs.293.761 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.46.407 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.39.063 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.17.04 for the period ended March 31, 2023 as compared to Rs.14.34 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹299.732 crs	₹293.761 crs	2.03%
Net Profit	₹46.407 crs	₹39.063 crs	18.80%
EPS	₹17.04	₹14.34	18.83%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1198.254 crores during the Financial Year ended March 31, 2023 as compared to Rs.1021.655 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.198.092 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.131.879 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.72.74 for the Financial Year ended March 31, 2023 as compared to Rs.48.83 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹1198.254 crs	₹1021.655 crs	17.29%
Net Profit	₹198.092 crs	₹131.879 crs	50.21%
EPS	₹72.74	₹48.83	48.97%

Shares of Rolex Rings Limited was last trading in BSE at Rs. 1949.95 as compared to the previous close of Rs. 1943.45. The total number of shares traded during the day was 964 in over 231 trades.

The stock hit an intraday high of Rs. 1965.00 and intraday low of 1930.45. The net turnover during the day was Rs. 1877662.00.

Source : Equity Bulls

Keywords

RolexRings Q4FY23 FY2023 ResultUpdate