Karma Energy Ltd posts loss of Rs. 1.40 crore in Q3FY23

Karma Energy Limited 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. 2.0250 crores during the period ended December 31, 2022 as compared to Rs. 6.0691 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -1.4078 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.1747 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -1.22 for the period ended December 31, 2022 as compared to Rs. 1.88 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2.0250 crs	₹6.0691 crs	-66.63%
Net Profit	₹-1.4078 crs	₹2.1747 crs	-164.74%
EPS	₹-1.22	₹1.88	-164.89%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2.0250 crores during the period ended December 31, 2022 as compared to Rs.7.9751 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.4078 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.3670 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-1.22 for the period ended December 31, 2022 as compared to Rs.1.18 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2.0250 crs	₹7.9751 crs	-74.61%
Net Profit	₹-1.4078 crs	₹1.3670 crs	-202.98%
EPS	₹-1.22	₹1.18	-203.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.12.3240 crores during the 9 Months period ended December 31, 2022 as compared to Rs.26.0388 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.6261 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.4304 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.41 for the 9 Months period ended December 31, 2022 as compared to Rs.0.37 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹12.3240 crs	₹26.0388 crs	-52.67%
Net Profit	₹1.6261 crs	₹0.4304 crs	277.81%
EPS	₹1.41	₹0.37	281.08%

Shares of Karma Energy Limited was last trading in BSE at Rs. 24.55 as compared to the previous close of Rs. 26.30. The total number of shares traded during the day was 6916 in over 231 trades.

The stock hit an intraday high of Rs. 26.70 and intraday low of 24.50. The net turnover during the day was Rs. 172135.00.

Source : Equity Bulls

Keywords

KarmaEnergy Q3FY23 9MFY23 ResultUpdate