Stock Report

Surana Solar Ltd Q3FY23 profit declines to Rs. 2.77 lakhs



Posted On : 2023-02-01 12:15:43( TIMEZONE : IST )

Surana Solar Ltd Q3FY23 profit declines to Rs. 2.77 lakhs

Surana Solar 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. 14.0594 crores during the period ended December 31, 2022 as compared to Rs. 11.3858 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0277 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.0994 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.01 for the period ended December 31, 2022 as compared to Rs. 0.02 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹14.0594 crs ₹11.3858 crs Up Tick / Down Tick23.48%
Net Profit ₹0.0277 crs ₹0.0994 crs Up Tick / Down Tick-72.13%
EPS ₹0.01 ₹0.02 Up Tick / Down Tick-50.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.14.0594 crores during the period ended December 31, 2022 as compared to Rs.2.9642 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0277 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3072 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.01 for the period ended December 31, 2022 as compared to Rs.0.06 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹14.0594 crs ₹2.9642 crs Up Tick / Down Tick374.31%
Net Profit ₹0.0277 crs ₹0.3072 crs Up Tick / Down Tick-90.98%
EPS ₹0.01 ₹0.06 Up Tick / Down Tick-83.33%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.38.6286 crores during the 9 Months period ended December 31, 2022 as compared to Rs.16.7828 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.0328 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.5402 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.41 for the 9 Months period ended December 31, 2022 as compared to Rs.0.11 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹38.6286 crs ₹16.7828 crs Up Tick / Down Tick130.17%
Net Profit ₹2.0328 crs ₹0.5402 crs Up Tick / Down Tick276.31%
EPS ₹0.41 ₹0.11 Up Tick / Down Tick272.73%

Shares of Surana Solar Limited was last trading in BSE at Rs. 21.25 as compared to the previous close of Rs. 21.00. The total number of shares traded during the day was 12341 in over 162 trades.

The stock hit an intraday high of Rs. 21.65 and intraday low of 20.70. The net turnover during the day was Rs. 261894.00.

Source : Equity Bulls

Keywords

SuranaSolar Q3FY23 9MFY23 ResultUpdate