Cochin Minerals and Rutile Ltd Q3FY23 net profit at Rs. 16.80 crores

COCHIN MINERALS & RUTILE 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. 120.7579 crores during the period ended December 31, 2022 as compared to Rs. 117.9924 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 16.8069 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 18.1840 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 21.47 for the period ended December 31, 2022 as compared to Rs. 23.22 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹120.7579 crs	₹117.9924 crs	2.34%
Net Profit	₹16.8069 crs	₹18.1840 crs	-7.57%
EPS	₹21.47	₹23.22	-7.54%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.120.7579 crores during the period ended December 31, 2022 as compared to Rs.88.9357 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.16.8069 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.2870 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.21.47 for the period ended December 31, 2022 as compared to Rs.0.37 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹120.7579 crs	₹88.9357 crs	35.78%
Net Profit	₹16.8069 crs	₹0.2870 crs	5,756.06%
EPS	₹21.47	₹0.37	5,702.70%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.337.9208 crores during the 9 Months period ended December 31, 2022 as compared to Rs.213.7391 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.43.4295 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-1.3735 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.55.47 for the 9 Months period ended December 31, 2022 as compared to Rs.-1.75 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹337.9208 crs	₹213.7391 crs	58.10%
Net Profit	₹43.4295 crs	₹-1.3735 crs	3,261.96%
EPS	₹55.47	₹-1.75	3,269.71%

Shares of COCHIN MINERALS & RUTILE LTD. was last trading in BSE at Rs. 314.30 as compared to the previous close of Rs. 309.60. The total number of shares traded during the day was 31054 in over 248 trades.

The stock hit an intraday high of Rs. 316.50 and intraday low of 303.75. The net turnover during the day was Rs. 9697268.00.

Source : Equity Bulls

Keywords

CochinMineralsandRutile Q3FY23 9MFY23 ResultUpdate