Stock Report

Nahar Spinning Mills Ltd Q3 FY2023 loss at Rs. 11.01 crores



Posted On : 2023-02-04 18:02:24( TIMEZONE : IST )

Nahar Spinning Mills Ltd Q3 FY2023 loss at Rs. 11.01 crores

Nahar Spinning Mills 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. 561.5894 crores during the period ended December 31, 2022 as compared to Rs. 673.9806 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -11.0160 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 39.7632 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -3.05 for the period ended December 31, 2022 as compared to Rs. 11.03 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹561.5894 crs ₹673.9806 crs Up Tick / Down Tick-16.68%
Net Profit ₹-11.0160 crs ₹39.7632 crs Up Tick / Down Tick-127.70%
EPS ₹-3.05 ₹11.03 Up Tick / Down Tick-127.65%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.561.5894 crores during the period ended December 31, 2022 as compared to Rs.1022.8196 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-11.0160 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.158.0387 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-3.05 for the period ended December 31, 2022 as compared to Rs.43.82 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹561.5894 crs ₹1022.8196 crs Up Tick / Down Tick-45.09%
Net Profit ₹-11.0160 crs ₹158.0387 crs Up Tick / Down Tick-106.97%
EPS ₹-3.05 ₹43.82 Up Tick / Down Tick-106.96%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2108.1995 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2609.0013 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.100.9996 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.394.9528 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.28 for the 9 Months period ended December 31, 2022 as compared to Rs.109.51 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹2108.1995 crs ₹2609.0013 crs Up Tick / Down Tick-19.20%
Net Profit ₹100.9996 crs ₹394.9528 crs Up Tick / Down Tick-74.43%
EPS ₹28 ₹109.51 Up Tick / Down Tick-74.43%

Shares of Nahar Spinning Mills Limited was last trading in BSE at Rs. 238.60 as compared to the previous close of Rs. 243.65. The total number of shares traded during the day was 2338 in over 195 trades.

The stock hit an intraday high of Rs. 244.55 and intraday low of 237.20. The net turnover during the day was Rs. 560122.00.

Source : Equity Bulls

Keywords

NaharSpinningMills Q3FY23 9MFY23 ResultUpdate