Stock Report

Gokak Textiles Ltd Q3FY23 consolidated loss widens to Rs. 10.45 crores



Posted On : 2023-02-12 10:34:21( TIMEZONE : IST )

Gokak Textiles Ltd Q3FY23 consolidated loss widens to Rs. 10.45 crores

GOKAK TEXTILES 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. 20.5996 crores during the period ended December 31, 2022 as compared to Rs. 22.3728 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -10.4560 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -4.6917 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -16.09 for the period ended December 31, 2022 as compared to Rs. -7.22 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹20.5996 crs ₹22.3728 crs Up Tick / Down Tick-7.93%
Net Profit ₹-10.4560 crs ₹-4.6917 crs Up Tick / Down Tick122.86%
EPS ₹-16.09 ₹-7.22 Up Tick / Down Tick122.85%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.20.5996 crores during the period ended December 31, 2022 as compared to Rs.32.2465 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-10.4560 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-6.8138 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-16.09 for the period ended December 31, 2022 as compared to Rs.-10.48 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹20.5996 crs ₹32.2465 crs Up Tick / Down Tick-36.12%
Net Profit ₹-10.4560 crs ₹-6.8138 crs Up Tick / Down Tick53.45%
EPS ₹-16.09 ₹-10.48 Up Tick / Down Tick53.53%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.65.1632 crores during the 9 Months period ended December 31, 2022 as compared to Rs.97.1146 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-23.4997 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-22.4624 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-36.15 for the 9 Months period ended December 31, 2022 as compared to Rs.-34.56 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹65.1632 crs ₹97.1146 crs Up Tick / Down Tick-32.90%
Net Profit ₹-23.4997 crs ₹-22.4624 crs Up Tick / Down Tick4.62%
EPS ₹-36.15 ₹-34.56 Up Tick / Down Tick4.60%

Shares of GOKAK TEXTILES LTD. was last trading in BSE at Rs. 30.20 as compared to the previous close of Rs. 29.70. The total number of shares traded during the day was 64 in over 3 trades.

The stock hit an intraday high of Rs. 30.40 and intraday low of 30.20. The net turnover during the day was Rs. 1943.00.

Source : Equity Bulls

Keywords

GokakTextiles Q3FY23 9MFY23 ResultUpdate