Stock Report

Garware Technical Fibres Ltd Q3FY23 consolidated PAT lower at Rs. 36.57 crores



Posted On : 2023-02-09 23:11:05( TIMEZONE : IST )

Garware Technical Fibres Ltd Q3FY23 consolidated PAT lower at Rs. 36.57 crores

Garware Technical Fibres Limited 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. 282.4159 crores during the period ended December 31, 2022 as compared to Rs. 363.5020 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 36.5728 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 47.7712 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 17.74 for the period ended December 31, 2022 as compared to Rs. 23.17 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹282.4159 crs ₹363.5020 crs Up Tick / Down Tick-22.31%
Net Profit ₹36.5728 crs ₹47.7712 crs Up Tick / Down Tick-23.44%
EPS ₹17.74 ₹23.17 Up Tick / Down Tick-23.44%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.282.4159 crores during the period ended December 31, 2022 as compared to Rs.312.9451 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.36.5728 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.38.0625 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.17.74 for the period ended December 31, 2022 as compared to Rs.18.46 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹282.4159 crs ₹312.9451 crs Up Tick / Down Tick-9.76%
Net Profit ₹36.5728 crs ₹38.0625 crs Up Tick / Down Tick-3.91%
EPS ₹17.74 ₹18.46 Up Tick / Down Tick-3.90%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.955.1225 crores during the 9 Months period ended December 31, 2022 as compared to Rs.853.8109 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.112.5330 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.110.8899 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.54.58 for the 9 Months period ended December 31, 2022 as compared to Rs.53.78 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹955.1225 crs ₹853.8109 crs Up Tick / Down Tick11.87%
Net Profit ₹112.5330 crs ₹110.8899 crs Up Tick / Down Tick1.48%
EPS ₹54.58 ₹53.78 Up Tick / Down Tick1.49%

Shares of Garware Technical Fibres Limited was last trading in BSE at Rs. 3108.40 as compared to the previous close of Rs. 3169.95. The total number of shares traded during the day was 536 in over 260 trades.

The stock hit an intraday high of Rs. 3193.70 and intraday low of 3101.00. The net turnover during the day was Rs. 1695151.00.

Source : Equity Bulls

Keywords

GarwareTechnicalFibres Q3FY23 9MFY23 ResultUpdate