Standard Industries Ltd Q3 FY23 consolidated PAT soars to Rs. 22.70 crores

Standard Industries 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. 34.9232 crores during the period ended December 31, 2022 as compared to Rs. 10.3550 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 22.7098 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.4472 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 3.53 for the period ended December 31, 2022 as compared to Rs. 0.22 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹34.9232 crs	₹10.3550 crs	237.26%
Net Profit	₹22.7098 crs	₹1.4472 crs	1,469.22%
EPS	₹3.53	₹0.22	1,504.55%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.34.9232 crores during the period ended December 31, 2022 as compared to Rs.4.2989 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.22.7098 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-4.2161 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.3.53 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	₹34.9232 crs	₹4.2989 crs	712.38%
Net Profit	₹22.7098 crs	₹-4.2161 crs	638.64%
EPS	₹3.53	₹-0.66	634.85%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.60.3956 crores during the 9 Months period ended December 31, 2022 as compared to Rs.28.3053 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.27.2652 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.5.7334 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.24 for the 9 Months period ended December 31, 2022 as compared to Rs.0.89 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹60.3956 crs	₹28.3053 crs	113.37%
Net Profit	₹27.2652 crs	₹5.7334 crs	375.55%
EPS	₹4.24	₹0.89	376.40%

Shares of Standard Industries Limited was last trading in BSE at Rs. 29.75 as compared to the previous close of Rs. 29.90. The total number of shares traded during the day was 27499 in over 273 trades.

The stock hit an intraday high of Rs. 30.70 and intraday low of 28.70. The net turnover during the day was Rs. 816056.00.

Source : Equity Bulls

Keywords

StandardIndustries Q3FY23 9MFY23 ResultUpdate