Stock Report

Nikhil Adhesives Ltd reports net profit of Rs. 2.89 crore in Q3FY23



Posted On : 2023-02-07 19:30:26( TIMEZONE : IST )

Nikhil Adhesives Ltd reports net profit of Rs. 2.89 crore in Q3FY23

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. 161.9030 crores during the period ended December 31, 2022 as compared to Rs. 196.8370 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.8983 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.2304 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.63 for the period ended December 31, 2022 as compared to Rs. 0.92 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹161.9030 crs ₹196.8370 crs Up Tick / Down Tick-17.75%
Net Profit ₹2.8983 crs ₹4.2304 crs Up Tick / Down Tick-31.49%
EPS ₹0.63 ₹0.92 Up Tick / Down Tick-31.52%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.161.9030 crores during the period ended December 31, 2022 as compared to Rs.221.3542 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.8983 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.5.8161 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.63 for the period ended December 31, 2022 as compared to Rs.1.27 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹161.9030 crs ₹221.3542 crs Up Tick / Down Tick-26.86%
Net Profit ₹2.8983 crs ₹5.8161 crs Up Tick / Down Tick-50.17%
EPS ₹0.63 ₹1.27 Up Tick / Down Tick-50.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.583.1590 crores during the 9 Months period ended December 31, 2022 as compared to Rs.596.0880 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.13.4103 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.19.1355 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.92 for the 9 Months period ended December 31, 2022 as compared to Rs.4.17 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹583.1590 crs ₹596.0880 crs Up Tick / Down Tick-2.17%
Net Profit ₹13.4103 crs ₹19.1355 crs Up Tick / Down Tick-29.92%
EPS ₹2.92 ₹4.17 Up Tick / Down Tick-29.98%

Source : Equity Bulls

Keywords

NikhilAdhesives Q3FY23 9MFY23 ResultUpdate