Stock Report

Avantel Ltd reports consolidated PAT of Rs. 6.68 crores in Q3 FY2022-23

Posted On : 2023-01-23 17:40:12( TIMEZONE : IST )

AVANTEL LTD. has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 38.99 crores during the period ended December 31, 2022 as compared to Rs. 36.2875 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 6.6871 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 6.1429 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.12 for the period ended December 31, 2022 as compared to Rs. 3.79 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹38.99 crs	₹36.2875 crs	7.45%
Net Profit	₹6.6871 crs	₹6.1429 crs	8.86%
EPS	₹4.12	₹3.79	8.71%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.38.99 crores during the period ended December 31, 2022 as compared to Rs.29.1979 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.6871 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.5.3861 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.12 for the period ended December 31, 2022 as compared to Rs.3.32 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹38.99 crs	₹29.1979 crs	33.54%
Net Profit	₹6.6871 crs	₹5.3861 crs	24.15%
EPS	₹4.12	₹3.32	24.10%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.102.3102 crores during the 9 Months period ended December 31, 2022 as compared to Rs.59.0894 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.17.2109 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.11.9015 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.61 for the 9 Months period ended December 31, 2022 as compared to Rs.7.34 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹102.3102 crs	₹59.0894 crs	73.14%
Net Profit	₹17.2109 crs	₹11.9015 crs	44.61%
EPS	₹10.61	₹7.34	44.55%

Shares of AVANTEL LTD. was last trading in BSE at Rs. 413.65 as compared to the previous close of Rs. 400.65. The total number of shares traded during the day was 33007 in over 721 trades.

The stock hit an intraday high of Rs. 425.50 and intraday low of 402.50. The net turnover during the day was Rs. 13581664.00.