Olectra Greentech Ltd Q3 FY23 consolidated PAT higher at Rs. 14.37 crores

Olectra Greentech Limited 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. 257.5566 crores during the period ended December 31, 2022 as compared to Rs. 183.2729 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 14.3791 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.5781 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.75 for the period ended December 31, 2022 as compared to Rs. 0.92 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹257.5566 crs	₹183.2729 crs	40.53%
Net Profit	₹14.3791 crs	₹7.5781 crs	89.75%
EPS	₹1.75	₹0.92	90.22%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.257.5566 crores during the period ended December 31, 2022 as compared to Rs.209.7975 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.3791 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.12.6615 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.75 for the period ended December 31, 2022 as compared to Rs.1.54 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹257.5566 crs	₹209.7975 crs	22.76%
Net Profit	₹14.3791 crs	₹12.6615 crs	13.57%
EPS	₹1.75	₹1.54	13.64%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.724.3830 crores during the 9 Months period ended December 31, 2022 as compared to Rs.326.4902 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.38.5887 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.17.5784 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.70 for the 9 Months period ended December 31, 2022 as compared to Rs.2.14 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹724.3830 crs	₹326.4902 crs	121.87%
Net Profit	₹38.5887 crs	₹17.5784 crs	119.52%
EPS	₹4.70	₹2.14	119.63%

Shares of Olectra Greentech Limited was last trading in BSE at Rs. 485.50 as compared to the previous close of Rs. 473.15. The total number of shares traded during the day was 63537 in over 3425 trades.

The stock hit an intraday high of Rs. 494.75 and intraday low of 470.80. The net turnover during the day was Rs. 30690090.00.

Source : Equity Bulls

Keywords

OlectraGreentech Q3FY23 9MFY23 ResultUpdate