Spice Islands Apparels Ltd Q3FY23 profit at Rs. 0.95 lakhs

SPICE ISLANDS APPARELS 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. 0.5972 crores during the period ended December 31, 2022 as compared to Rs. 0.1592 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0095 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.0344 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.02 for the period ended December 31, 2022 as compared to Rs. -0.08 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.5972 crs	₹0.1592 crs	275.13%
Net Profit	₹0.0095 crs	₹-0.0344 crs	127.62%
EPS	₹0.02	₹-0.08	125.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.5972 crores during the period ended December 31, 2022 as compared to Rs.0.9184 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.0095 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.4151 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.02 for the period ended December 31, 2022 as compared to Rs.-0.97 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.5972 crs	₹0.9184 crs	-34.97%
Net Profit	₹0.0095 crs	₹-0.4151 crs	102.29%
EPS	₹0.02	₹-0.97	102.06%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.8156 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1.8886 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.1021 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-1.3349 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-0.24 for the 9 Months period ended December 31, 2022 as compared to Rs.-3.10 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹0.8156 crs	₹1.8886 crs	-56.81%
Net Profit	₹-0.1021 crs	₹-1.3349 crs	92.35%
EPS	₹-0.24	₹-3.10	92.26%

Shares of SPICE ISLANDS APPARELS LTD. was last trading in BSE at Rs. 9.40 as compared to the previous close of Rs. 9.50. The total number of shares traded during the day was 791 in over 7 trades.

The stock hit an intraday high of Rs. 9.90 and intraday low of 9.40. The net turnover during the day was Rs. 7518.00.

Source : Equity Bulls

Keywords

SpiceIslandsAparels Q3FY23 9MFY23 ResultUpdate