Shree Ganesh Remedies Ltd posts higher PAT of Rs. 4.34 crores in Q3FY23

Shree Ganesh Remedies 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. 23.3937 crores during the period ended December 31, 2022 as compared to Rs. 21.9865 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 4.3496 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.9365 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.62 for the period ended December 31, 2022 as compared to Rs. 3.28 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹23.3937 crs	₹21.9865 crs	6.40%
Net Profit	₹4.3496 crs	₹3.9365 crs	10.49%
EPS	₹3.62	₹3.28	10.37%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.23.3937 crores during the period ended December 31, 2022 as compared to Rs.22.0068 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.3496 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.4.2026 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.62 for the period ended December 31, 2022 as compared to Rs.3.50 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹23.3937 crs	₹22.0068 crs	6.30%
Net Profit	₹4.3496 crs	₹4.2026 crs	3.50%
EPS	₹3.62	₹3.50	3.43%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.63.6722 crores during the 9 Months period ended December 31, 2022 as compared to Rs.53.1569 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.11.1532 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.9.5592 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.9.29 for the 9 Months period ended December 31, 2022 as compared to Rs.7.96 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹63.6722 crs	₹53.1569 crs	19.78%
Net Profit	₹11.1532 crs	₹9.5592 crs	16.68%
EPS	₹9.29	₹7.96	16.71%

Shares of Shree Ganesh Remedies Ltd was last trading in BSE at Rs. 249.95 as compared to the previous close of Rs. 252.95. The total number of shares traded during the day was 4820 in over 191 trades.

The stock hit an intraday high of Rs. 259.95 and intraday low of 248.85. The net turnover during the day was Rs. 1218136.00.

Source : Equity Bulls

Keywords

ShreeGaneshRemedies SGRL Q3FY23 9MFY23 ResultUpdate