Savani Financials Ltd Q3FY23 loss at Rs. 0.73 lakhs

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. 0.0316 crores during the period ended December 31, 2022 as compared to Rs. 0.0310 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.0073 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.0635 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.02 for the period ended December 31, 2022 as compared to Rs. -0.16 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.0316 crs	₹0.0310 crs	1.94%
Net Profit	₹-0.0073 crs	₹-0.0635 crs	88.50%
EPS	₹-0.02	₹-0.16	87.50%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.0316 crores during the period ended December 31, 2022 as compared to Rs.0.0283 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.0073 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0095 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.02 for the period ended December 31, 2022 as compared to Rs.0.02 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.0316 crs	₹0.0283 crs	11.66%
Net Profit	₹-0.0073 crs	₹0.0095 crs	-176.84%
EPS	₹-0.02	₹0.02	-200.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.0904 crores during the 9 Months period ended December 31, 2022 as compared to Rs.0.0845 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.0705 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.0223 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-0.18 for the 9 Months period ended December 31, 2022 as compared to Rs.0.06 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹0.0904 crs	₹0.0845 crs	6.98%
Net Profit	₹-0.0705 crs	₹0.0223 crs	-416.14%
EPS	₹-0.18	₹0.06	-400.00%

Source : Equity Bulls

Keywords

SavaniFinancials Q3FY23 9MFY23 ResultUpdate