NRB Industrial Bearings Ltd Q4FY23 consolidated loss at Rs. 3.57 crore

NRB Industrial Bearings 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. 22.3560 crores during the period ended March 31, 2023 as compared to Rs. 23.0434 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -3.5712 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -1.8598 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -1.47 for the period ended March 31, 2023 as compared to Rs. -0.77 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹22.3560 crs	₹23.0434 crs	-2.98%
Net Profit	₹-3.5712 crs	₹-1.8598 crs	92.02%
EPS	₹-1.47	₹-0.77	90.91%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.22.3560 crores during the period ended March 31, 2023 as compared to Rs.20.5252 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-3.5712 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-1.4574 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-1.47 for the period ended March 31, 2023 as compared to Rs.-0.60 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹22.3560 crs	₹20.5252 crs	8.92%
Net Profit	₹-3.5712 crs	₹-1.4574 crs	145.04%
EPS	₹-1.47	₹-0.60	145.00%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.82.5514 crores during the Financial Year ended March 31, 2023 as compared to Rs.70.7266 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-12.89 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-10.0956 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-5.32 for the Financial Year ended March 31, 2023 as compared to Rs.-4.17 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹82.5514 crs	₹70.7266 crs	16.72%
Net Profit	₹-12.89 crs	₹-10.0956 crs	27.68%
EPS	₹-5.32	₹-4.17	27.58%

Shares of NRB Industrial Bearings Limited was last trading in BSE at Rs. 18.18 as compared to the previous close of Rs. 18.81. The total number of shares traded during the day was 1914 in over 17 trades.

The stock hit an intraday high of Rs. 18.50 and intraday low of 17.87. The net turnover during the day was Rs. 34518.00.

Source : Equity Bulls

Keywords

NRBIndustrialBearings Q4FY23 FY2023 ResultUpdate