Ddev Plastiks Industries Ltd Q3 FY2023 net profit soars to Rs. 22.77 crores

Ddev Plastiks Industries 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. 655.1899 crores during the period ended December 31, 2022 as compared to Rs. 656.0211 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 22.7780 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 18.7131 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.42 for the period ended December 31, 2022 as compared to Rs. 1.99 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹655.1899 crs	₹656.0211 crs	-0.13%
Net Profit	₹22.7780 crs	₹18.7131 crs	21.72%
EPS	₹2.42	₹1.99	21.61%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.655.1899 crores during the period ended December 31, 2022 as compared to Rs.542.2220 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.22.7780 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.14.4881 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.42 for the period ended December 31, 2022 as compared to Rs.1.54 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹655.1899 crs	₹542.2220 crs	20.83%
Net Profit	₹22.7780 crs	₹14.4881 crs	57.22%
EPS	₹2.42	₹1.54	57.14%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1853.4003 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1619.6409 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.55.8112 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.36.7318 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.93 for the 9 Months period ended December 31, 2022 as compared to Rs.3.90 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1853.4003 crs	₹1619.6409 crs	14.43%
Net Profit	₹55.8112 crs	₹36.7318 crs	51.94%
EPS	₹5.93	₹3.90	52.05%

Shares of Ddev Plastiks Industries Ltd was last trading in BSE at Rs. 95.75 as compared to the previous close of Rs. 97.35. The total number of shares traded during the day was 42982 in over 782 trades.

The stock hit an intraday high of Rs. 99.95 and intraday low of 92.55. The net turnover during the day was Rs. 4111275.00.

Source : Equity Bulls

Keywords

DdevPlastiksIndustries Q3FY23 9MFY23 ResultUpdate