BMW Industries Ltd Q3 FY23 net profit up at Rs. 17.28 crores

BMW Industries Ltd 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. 142.7649 crores during the period ended December 31, 2022 as compared to Rs. 150.8419 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 17.2861 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 12.3044 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.77 for the period ended December 31, 2022 as compared to Rs. 0.55 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹142.7649 crs	₹150.8419 crs	-5.35%
Net Profit	₹17.2861 crs	₹12.3044 crs	40.49%
EPS	₹0.77	₹0.55	40.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.142.7649 crores during the period ended December 31, 2022 as compared to Rs.118.0777 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.17.2861 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.8.1845 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.77 for the period ended December 31, 2022 as compared to Rs.0.37 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹142.7649 crs	₹118.0777 crs	20.91%
Net Profit	₹17.2861 crs	₹8.1845 crs	111.21%
EPS	₹0.77	₹0.37	108.11%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.432.5716 crores during the 9 Months period ended December 31, 2022 as compared to Rs.338.6642 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.38.1784 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.29.4149 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.70 for the 9 Months period ended December 31, 2022 as compared to Rs.1.31 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹432.5716 crs	₹338.6642 crs	27.73%
Net Profit	₹38.1784 crs	₹29.4149 crs	29.79%
EPS	₹1.70	₹1.31	29.77%

Shares of BMW Industries Ltd was last trading in BSE at Rs. 32.25 as compared to the previous close of Rs. 30.75. The total number of shares traded during the day was 5623 in over 108 trades.

The stock hit an intraday high of Rs. 32.65 and intraday low of 30.60. The net turnover during the day was Rs. 178607.00.

Source : Equity Bulls

Keywords

BMWIndustries Q3FY23 9MFY23 ResultUpdate