Arcee Industries Ltd Q3FY23 loss at Rs. 36.78 lakhs

ARCEE INDUSTRIES 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. 5.2068 crores during the period ended December 31, 2022 as compared to Rs. 5.6274 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.3678 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.5939 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.72 for the period ended December 31, 2022 as compared to Rs. -1.16 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹5.2068 crs	₹5.6274 crs	-7.47%
Net Profit	₹-0.3678 crs	₹-0.5939 crs	38.07%
EPS	₹-0.72	₹-1.16	37.93%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.5.2068 crores during the period ended December 31, 2022 as compared to Rs.6.9693 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.3678 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.4495 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.72 for the period ended December 31, 2022 as compared to Rs.-0.87 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹5.2068 crs	₹6.9693 crs	-25.29%
Net Profit	₹-0.3678 crs	₹-0.4495 crs	18.18%
EPS	₹-0.72	₹-0.87	17.24%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.17.9155 crores during the 9 Months period ended December 31, 2022 as compared to Rs.23.1931 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-1.3743 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.2004 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-2.67 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.39 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹17.9155 crs	₹23.1931 crs	-22.76%
Net Profit	₹-1.3743 crs	₹-0.2004 crs	585.78%
EPS	₹-2.67	₹-0.39	584.62%

Shares of ARCEE INDUSTRIES LTD. was last trading in BSE at Rs. 7.34 as compared to the previous close of Rs. 7.34. The total number of shares traded during the day was 1501 in over 9 trades.

The stock hit an intraday high of Rs. 7.34 and intraday low of 7.00. The net turnover during the day was Rs. 10523.00.

Source : Equity Bulls

Keywords

ArceeIndustries Q3FY23 9MFY23 ResultUpdate