Bhilwara Spinners Ltd Q3FY23 profit rises to Rs. 1.53 crore

BHILWARA SPINNERS 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. 1.0467 crores during the period ended December 31, 2022 as compared to Rs. 0.1854 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.5391 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.1916 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.28 for the period ended December 31, 2022 as compared to Rs. 0.28 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1.0467 crs	₹0.1854 crs	464.56%
Net Profit	₹1.5391 crs	₹0.1916 crs	703.29%
EPS	₹2.28	₹0.28	714.29%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1.0467 crores during the period ended December 31, 2022 as compared to Rs.0.5214 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.5391 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.4413 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.28 for the period ended December 31, 2022 as compared to Rs.0.65 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1.0467 crs	₹0.5214 crs	100.75%
Net Profit	₹1.5391 crs	₹0.4413 crs	248.77%
EPS	₹2.28	₹0.65	250.77%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.4162 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2.8991 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.3736 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.0183 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.51 for the 9 Months period ended December 31, 2022 as compared to Rs.1.51 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1.4162 crs	₹2.8991 crs	-51.15%
Net Profit	₹2.3736 crs	₹1.0183 crs	133.09%
EPS	₹3.51	₹1.51	132.45%

Shares of BHILWARA SPINNERS LTD. was last trading in BSE at Rs. 39.50 as compared to the previous close of Rs. 39.30. The total number of shares traded during the day was 1111 in over 25 trades.

The stock hit an intraday high of Rs. 39.80 and intraday low of 37.00. The net turnover during the day was Rs. 42016.00.

Source : Equity Bulls

Keywords

BhilwaraSpinners Q3FY23 9MFY23 ResultUpdate