Stock Report

Asit C Mehta Financial Services Ltd Q3FY23 consolidated loss at Rs. 2.73 crore

Posted On : 2023-02-14 20:22:39( TIMEZONE : IST )

ASIT C.MEHTA FINANCIAL SERVICES 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. 8.8519 crores during the period ended December 31, 2022 as compared to Rs. 7.69 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -2.7304 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -3.6297 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -5.57 for the period ended December 31, 2022 as compared to Rs. -7.49 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹8.8519 crs	₹7.69 crs	15.11%
Net Profit	₹-2.7304 crs	₹-3.6297 crs	24.78%
EPS	₹-5.57	₹-7.49	25.63%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.8.8519 crores during the period ended December 31, 2022 as compared to Rs.10.1832 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-2.7304 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3042 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-5.57 for the period ended December 31, 2022 as compared to Rs.0.63 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹8.8519 crs	₹10.1832 crs	-13.07%
Net Profit	₹-2.7304 crs	₹0.3042 crs	-997.57%
EPS	₹-5.57	₹0.63	-984.13%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.23.9059 crores during the 9 Months period ended December 31, 2022 as compared to Rs.30.2348 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-9.4181 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.6428 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-19.36 for the 9 Months period ended December 31, 2022 as compared to Rs.1.33 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹23.9059 crs	₹30.2348 crs	-20.93%
Net Profit	₹-9.4181 crs	₹0.6428 crs	-1,565.17%
EPS	₹-19.36	₹1.33	-1,555.64%

Shares of ASIT C.MEHTA FINANCIAL SERVICES LTD. was last trading in BSE at Rs. 124.40 as compared to the previous close of Rs. 127.00. The total number of shares traded during the day was 834 in over 21 trades.

The stock hit an intraday high of Rs. 139.50 and intraday low of 115.00. The net turnover during the day was Rs. 101097.00.