RattanIndia Enterprises Ltd consolidated Q3 FY2023 loss at Rs. 34.22 crores

RattanIndia Enterprises 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. 1156.8984 crores during the period ended December 31, 2022 as compared to Rs. 1281.2630 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -34.2296 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 103.5010 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.25 for the period ended December 31, 2022 as compared to Rs. 0.74 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1156.8984 crs	₹1281.2630 crs	-9.71%
Net Profit	₹-34.2296 crs	₹103.5010 crs	-133.07%
EPS	₹-0.25	₹0.74	-133.78%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1156.8984 crores during the period ended December 31, 2022 as compared to Rs.0.6922 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-34.2296 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-5.5162 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.25 for the period ended December 31, 2022 as compared to Rs.-0.040 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1156.8984 crs	₹0.6922 crs	167,033.55%
Net Profit	₹-34.2296 crs	₹-5.5162 crs	520.53%
EPS	₹-0.25	₹-0.040	525.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3029.3296 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2.4819 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-146.7677 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-10.8204 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-1.07 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.078 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹3029.3296 crs	₹2.4819 crs	121,956.88%
Net Profit	₹-146.7677 crs	₹-10.8204 crs	1,256.40%
EPS	₹-1.07	₹-0.078	1,271.79%

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 42.90 as compared to the previous close of Rs. 42.80. The total number of shares traded during the day was 228389 in over 1748 trades.

The stock hit an intraday high of Rs. 44.05 and intraday low of 42.65. The net turnover during the day was Rs. 9871929.00.

Source : Equity Bulls

Keywords

RattanIndiaEnterprises Q3FY23 9MFY23 ResultUpdate