CHL Ltd Q3FY23 net profit jumps to Rs. 6.34 crore

CHL 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. 23.0037 crores during the period ended December 31, 2022 as compared to Rs. 17.1727 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 6.3409 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.3785 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.16 for the period ended December 31, 2022 as compared to Rs. 0.62 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹23.0037 crs	₹17.1727 crs	33.96%
Net Profit	₹6.3409 crs	₹3.3785 crs	87.68%
EPS	₹1.16	₹0.62	87.10%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.23.0037 crores during the period ended December 31, 2022 as compared to Rs.13.7380 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.3409 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.0853 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.16 for the period ended December 31, 2022 as compared to Rs.0.38 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹23.0037 crs	₹13.7380 crs	67.45%
Net Profit	₹6.3409 crs	₹2.0853 crs	204.08%
EPS	₹1.16	₹0.38	205.26%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.58.7675 crores during the 9 Months period ended December 31, 2022 as compared to Rs.27.0937 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.1415 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.9062 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.58 for the 9 Months period ended December 31, 2022 as compared to Rs.0.35 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹58.7675 crs	₹27.0937 crs	116.90%
Net Profit	₹14.1415 crs	₹1.9062 crs	641.87%
EPS	₹2.58	₹0.35	637.14%

Shares of CHL LTD. was last trading in BSE at Rs. 16.70 as compared to the previous close of Rs. 18.00. The total number of shares traded during the day was 10 in over 1 trades.

The stock hit an intraday high of Rs. 16.70 and intraday low of 16.70. The net turnover during the day was Rs. 167.00.

Source : Equity Bulls

Keywords

CHL Q3FY23 9MFY23 ResultUpdate