HP Adhesives Ltd Q3 FY2022-23 net profit higher at Rs. 3.10 crores

HP Adhesives Limited 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. 55.5633 crores during the period ended December 31, 2022 as compared to Rs. 59.1310 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.1046 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.5117 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.69 for the period ended December 31, 2022 as compared to Rs. 1.37 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹55.5633 crs	₹59.1310 crs	-6.03%
Net Profit	₹3.1046 crs	₹2.5117 crs	23.61%
EPS	₹1.69	₹1.37	23.36%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.55.5633 crores during the period ended December 31, 2022 as compared to Rs.43.8689 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.1046 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.1489 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.69 for the period ended December 31, 2022 as compared to Rs.1.48 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹55.5633 crs	₹43.8689 crs	26.66%
Net Profit	₹3.1046 crs	₹2.1489 crs	44.47%
EPS	₹1.69	₹1.48	14.19%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.177.4805 crores during the 9 Months period ended December 31, 2022 as compared to Rs.116.6012 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.9876 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.5.2514 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.80 for the 9 Months period ended December 31, 2022 as compared to Rs.3.71 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹177.4805 crs	₹116.6012 crs	52.21%
Net Profit	₹6.9876 crs	₹5.2514 crs	33.06%
EPS	₹3.80	₹3.71	2.43%

Shares of HP Adhesives Limited was last trading in BSE at Rs. 342.35 as compared to the previous close of Rs. 342.45. The total number of shares traded during the day was 24805 in over 1903 trades.

The stock hit an intraday high of Rs. 347.35 and intraday low of 334.20. The net turnover during the day was Rs. 8518235.00.

Source : Equity Bulls

Keywords

HPAdhesives Q3FY23 9MFY23 ResultUpdate