Stock Report

Gorani Industries Ltd Q3FY23 net profit slips QoQ to Rs. 65.28 lakhs

Posted On : 2023-01-11 13:42:14( TIMEZONE : IST )

GORANI INDUSTRIES LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 12.3878 crores during the period ended December 31, 2022 as compared to Rs. 12.5914 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.6528 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.9397 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.22 for the period ended December 31, 2022 as compared to Rs. 1.75 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹ 12.3878 crs	₹12.5914 crs	-1.62%
Net Profit	₹0.6528 crs	₹0.9397 crs	-30.53%
EPS	₹1.22	₹1.75	-30.29%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs. 12.3878 crores during the period ended December 31, 2022 as compared to Rs.9.66 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.6528 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3431 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.22 for the period ended December 31, 2022 as compared to Rs.0.70 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹ 12.3878 crs	₹9.66 crs	28.24%
Net Profit	₹0.6528 crs	₹0.3431 crs	90.27%
EPS	₹1.22	₹0.70	74.29%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.34.2226 crores during the 9 Months period ended December 31, 2022 as compared to Rs.20.5238 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.1154 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.7478 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.94 for the 9 Months period ended December 31, 2022 as compared to Rs.1.53 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹34.2226 crs	₹20.5238 crs	66.75%
Net Profit	₹2.1154 crs	₹0.7478 crs	182.88%
EPS	₹3.94	₹1.53	157.52%

Shares of GORANI INDUSTRIES LTD. was last trading in BSE at Rs. 206.15 as compared to the previous close of Rs. 216.95. The total number of shares traded during the day was 1658 in over 108 trades.

The stock hit an intraday high of Rs. 216.05 and intraday low of 206.15. The net turnover during the day was Rs. 343406.00.