Ovobel Foods Q3FY22 loss at Rs. 6.55 lakhs

has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 33.8891 crores during the period ended December 31, 2021 as compared to Rs. 30.0609 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -0.0655 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -1.4072 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -0.06 for the period ended December 31, 2021 as compared to Rs. -1.34 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 33.8891 crs	₹30.0609 crs	12.73%
Net Profit	₹-0.0655 crs	₹-1.4072 crs	95.35%
EPS	₹-0.06	₹-1.34	95.52%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 33.8891 crores during the period ended December 31, 2021 as compared to Rs.27.3785 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-0.0655 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-5.5760 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-0.06 for the period ended December 31, 2021 as compared to Rs.-5.31 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 33.8891 crs	₹27.3785 crs	23.78%
Net Profit	₹-0.0655 crs	₹-5.5760 crs	98.83%
EPS	₹-0.06	₹-5.31	98.87%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.88.9490 crores during the 9 Months period ended December 31, 2021 as compared to Rs.82.3796 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-5.0667 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-1.5771 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-4.83 for the 9 Months period ended December 31, 2021 as compared to Rs.-1.41 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹88.9490 crs	₹82.3796 crs	7.97%
Net Profit	₹-5.0667 crs	₹-1.5771 crs	221.27%
EPS	₹-4.83	₹-1.41	242.55%

Source : Equity Bulls

Keywords

OvobelFoods Q3FY22 9MFY22 ResultUpdate