Poddar Pigments Ltd Q3 FY2023 net profit slips QoQ to Rs. 6.95 crores

Poddar Pigments Limited 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. 84.3564 crores during the period ended December 31, 2022 as compared to Rs. 91.1057 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 6.9572 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.4895 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 6.56 for the period ended December 31, 2022 as compared to Rs. 7.06 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹84.3564 crs	₹91.1057 crs	-7.41%
Net Profit	₹6.9572 crs	₹7.4895 crs	-7.11%
EPS	₹6.56	₹7.06	-7.08%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.84.3564 crores during the period ended December 31, 2022 as compared to Rs.77.2673 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.9572 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.6.8017 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.6.56 for the period ended December 31, 2022 as compared to Rs.6.41 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹84.3564 crs	₹77.2673 crs	9.17%
Net Profit	₹6.9572 crs	₹6.8017 crs	2.29%
EPS	₹6.56	₹6.41	2.34%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.258.2518 crores during the 9 Months period ended December 31, 2022 as compared to Rs.215.9115 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.19.8870 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.15.8578 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.18.74 for the 9 Months period ended December 31, 2022 as compared to Rs.14.95 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹258.2518 crs	₹215.9115 crs	19.61%
Net Profit	₹19.8870 crs	₹15.8578 crs	25.41%
EPS	₹18.74	₹14.95	25.35%

Shares of Poddar Pigments Limited was last trading in BSE at Rs. 270.85 as compared to the previous close of Rs. 270.95. The total number of shares traded during the day was 327 in over 34 trades.

The stock hit an intraday high of Rs. 272.40 and intraday low of 267.70. The net turnover during the day was Rs. 88478.00.

Source : Equity Bulls

Keywords

PoddarPigments Q3FY23 9MFY23 ResultUpdate