Summit Securities Ltd Q3FY23 consolidated profit at Rs. 4.24 crores

Summit Securities 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. 2.8716 crores during the period ended December 31, 2022 as compared to Rs. 22.8882 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 4.2414 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 15.6496 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.89 for the period ended December 31, 2022 as compared to Rs. 14.36 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2.8716 crs	₹22.8882 crs	-87.45%
Net Profit	₹4.2414 crs	₹15.6496 crs	-72.90%
EPS	₹3.89	₹14.36	-72.91%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2.8716 crores during the period ended December 31, 2022 as compared to Rs.2.1934 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.4.2414 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.7147 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.89 for the period ended December 31, 2022 as compared to Rs.0.66 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2.8716 crs	₹2.1934 crs	30.92%
Net Profit	₹4.2414 crs	₹0.7147 crs	493.45%
EPS	₹3.89	₹0.66	489.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.43.5517 crores during the 9 Months period ended December 31, 2022 as compared to Rs.70.3192 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.31.9869 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.48.1795 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.29.34 for the 9 Months period ended December 31, 2022 as compared to Rs.44.19 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹43.5517 crs	₹70.3192 crs	-38.07%
Net Profit	₹31.9869 crs	₹48.1795 crs	-33.61%
EPS	₹29.34	₹44.19	-33.60%

Shares of Summit Securities Limited was last trading in BSE at Rs. 593.40 as compared to the previous close of Rs. 615.45. The total number of shares traded during the day was 820 in over 109 trades.

The stock hit an intraday high of Rs. 626.00 and intraday low of 585.00. The net turnover during the day was Rs. 508397.00.

Source : Equity Bulls

Keywords

SummitSecurities Q3FY23 9MFY23 ResultUpdate