Stock Report

Polyspin Exports Ltd consolidated Q3 FY23 profit at Rs. 29.17 lakhs

Posted On : 2023-02-12 17:08:29( TIMEZONE : IST )

Polyspin Exports 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. 58.1092 crores during the period ended December 31, 2022 as compared to Rs. 67.2440 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.2917 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.6813 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.29 for the period ended December 31, 2022 as compared to Rs. 2.68 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹58.1092 crs	₹67.2440 crs	-13.58%
Net Profit	₹0.2917 crs	₹2.6813 crs	-89.12%
EPS	₹0.29	₹2.68	-89.18%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.58.1092 crores during the period ended December 31, 2022 as compared to Rs.68.5105 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2917 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.4284 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.29 for the period ended December 31, 2022 as compared to Rs.2.43 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹58.1092 crs	₹68.5105 crs	-15.18%
Net Profit	₹0.2917 crs	₹2.4284 crs	-87.99%
EPS	₹0.29	₹2.43	-88.07%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.189.9278 crores during the 9 Months period ended December 31, 2022 as compared to Rs.211.6602 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.2659 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.6.8421 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.27 for the 9 Months period ended December 31, 2022 as compared to Rs.6.84 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹189.9278 crs	₹211.6602 crs	-10.27%
Net Profit	₹5.2659 crs	₹6.8421 crs	-23.04%
EPS	₹5.27	₹6.84	-22.95%

Shares of Polyspin Exports Ltd was last trading in BSE at Rs. 60.85 as compared to the previous close of Rs. 62.35. The total number of shares traded during the day was 5327 in over 54 trades.

The stock hit an intraday high of Rs. 66.90 and intraday low of 58.45. The net turnover during the day was Rs. 328847.00.