SIRCA Paints India Ltd reports consolidated PAT of Rs. 10.53 crores in Q3FY23

Sirca Paints India 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. 66.1835 crores during the period ended December 31, 2022 as compared to Rs. 74.4495 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 10.5320 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 14.4164 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.84 for the period ended December 31, 2022 as compared to Rs. 5.26 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹66.1835 crs	₹74.4495 crs	-11.10%
Net Profit	₹10.5320 crs	₹14.4164 crs	-26.94%
EPS	₹3.84	₹5.26	-27.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.66.1835 crores during the period ended December 31, 2022 as compared to Rs.54.5606 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.10.5320 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.9.1648 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.84 for the period ended December 31, 2022 as compared to Rs.3.34 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹66.1835 crs	₹54.5606 crs	21.30%
Net Profit	₹10.5320 crs	₹9.1648 crs	14.92%
EPS	₹3.84	₹3.34	14.97%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.203.1980 crores during the 9 Months period ended December 31, 2022 as compared to Rs.149.5083 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.36.6223 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.21.5388 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.13.36 for the 9 Months period ended December 31, 2022 as compared to Rs.7.86 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹203.1980 crs	₹149.5083 crs	35.91%
Net Profit	₹36.6223 crs	₹21.5388 crs	70.03%
EPS	₹13.36	₹7.86	69.97%

Shares of Sirca Paints India Limited was last trading in BSE at Rs. 632.20 as compared to the previous close of Rs. 638.05. The total number of shares traded during the day was 4983 in over 695 trades.

The stock hit an intraday high of Rs. 649.95 and intraday low of 625.80. The net turnover during the day was Rs. 3192114.00.

Source : Equity Bulls

Keywords

SIRCAPaintsIndia Q3FY23 9MFY23 ResultUpdate