Elgi Equipments Ltd Q3 FY23 consolidated PAT up at Rs. 80.06 crores

Elgi Equipments 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. 790.360 crores during the period ended December 31, 2022 as compared to Rs. 753.391 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 80.061 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 71.959 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.53 for the period ended December 31, 2022 as compared to Rs. 2.27 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹790.360 crs	₹753.391 crs	4.91%
Net Profit	₹80.061 crs	₹71.959 crs	11.26%
EPS	₹2.53	₹2.27	11.45%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.790.360 crores during the period ended December 31, 2022 as compared to Rs.666.434 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.80.061 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.41.734 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.53 for the period ended December 31, 2022 as compared to Rs.1.32 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹790.360 crs	₹666.434 crs	18.60%
Net Profit	₹80.061 crs	₹41.734 crs	91.84%
EPS	₹2.53	₹1.32	91.67%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2249.297 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1837.106 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.200.705 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.105.368 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.6.34 for the 9 Months period ended December 31, 2022 as compared to Rs.3.33 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2249.297 crs	₹1837.106 crs	22.44%
Net Profit	₹200.705 crs	₹105.368 crs	90.48%
EPS	₹6.34	₹3.33	90.39%

Shares of Elgi Equipments Limited was last trading in BSE at Rs. 383.00 as compared to the previous close of Rs. 379.60. The total number of shares traded during the day was 10809 in over 1053 trades.

The stock hit an intraday high of Rs. 394.00 and intraday low of 377.65. The net turnover during the day was Rs. 4111320.00.

Source : Equity Bulls

Keywords

ElgiEquipments Q3FY23 9MFY23 ResultUpdate