Stock Report

Resonance Specialties Ltd Q3 FY2023 net profit slumps to Rs. 86.99 lakhs



Posted On : 2023-02-02 19:44:37( TIMEZONE : IST )

Resonance Specialties Ltd Q3 FY2023 net profit slumps to Rs. 86.99 lakhs

RESONANCE SPECIALTIES LTD. 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. 9.3897 crores during the period ended December 31, 2022 as compared to Rs. 15.8164 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.8699 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.3785 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.75 for the period ended December 31, 2022 as compared to Rs. 1.24 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹9.3897 crs ₹15.8164 crs Up Tick / Down Tick-40.63%
Net Profit ₹0.8699 crs ₹1.3785 crs Up Tick / Down Tick-36.90%
EPS ₹0.75 ₹1.24 Up Tick / Down Tick-39.52%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.9.3897 crores during the period ended December 31, 2022 as compared to Rs.17.3009 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.8699 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.9003 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.75 for the period ended December 31, 2022 as compared to Rs.2.51 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹9.3897 crs ₹17.3009 crs Up Tick / Down Tick-45.73%
Net Profit ₹0.8699 crs ₹2.9003 crs Up Tick / Down Tick-70.01%
EPS ₹0.75 ₹2.51 Up Tick / Down Tick-70.12%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.41.8713 crores during the 9 Months period ended December 31, 2022 as compared to Rs.58.2701 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.7638 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.9.7552 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.26 for the 9 Months period ended December 31, 2022 as compared to Rs.8.45 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹41.8713 crs ₹58.2701 crs Up Tick / Down Tick-28.14%
Net Profit ₹3.7638 crs ₹9.7552 crs Up Tick / Down Tick-61.42%
EPS ₹3.26 ₹8.45 Up Tick / Down Tick-61.42%

Shares of RESONANCE SPECIALTIES LTD. was last trading in BSE at Rs. 100.25 as compared to the previous close of Rs. 101.85. The total number of shares traded during the day was 3417 in over 126 trades.

The stock hit an intraday high of Rs. 103.40 and intraday low of 100.00. The net turnover during the day was Rs. 348620.00.

Source : Equity Bulls

Keywords

ResonanceSpecialties Q3FY23 9MFY23 ResultUpdate