Stock Report

Rasi Electrodes Ltd Q3 FY2023 net profit at Rs. 74.35 lakhs



Posted On : 2023-02-14 21:45:39( TIMEZONE : IST )

Rasi Electrodes Ltd Q3 FY2023 net profit at Rs. 74.35 lakhs

RASI ELECTRODES 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. 20.9276 crores during the period ended December 31, 2022 as compared to Rs. 22.6482 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.7435 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.9160 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.23 for the period ended December 31, 2022 as compared to Rs. 0.29 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹20.9276 crs ₹22.6482 crs Up Tick / Down Tick-7.60%
Net Profit ₹0.7435 crs ₹0.9160 crs Up Tick / Down Tick-18.83%
EPS ₹0.23 ₹0.29 Up Tick / Down Tick-20.69%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.20.9276 crores during the period ended December 31, 2022 as compared to Rs.18.1305 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.7435 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.5169 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.23 for the period ended December 31, 2022 as compared to Rs.0.16 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹20.9276 crs ₹18.1305 crs Up Tick / Down Tick15.43%
Net Profit ₹0.7435 crs ₹0.5169 crs Up Tick / Down Tick43.84%
EPS ₹0.23 ₹0.16 Up Tick / Down Tick43.75%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.65.5287 crores during the 9 Months period ended December 31, 2022 as compared to Rs.48.3156 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.3267 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.6368 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.73 for the 9 Months period ended December 31, 2022 as compared to Rs.0.51 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹65.5287 crs ₹48.3156 crs Up Tick / Down Tick35.63%
Net Profit ₹2.3267 crs ₹1.6368 crs Up Tick / Down Tick42.15%
EPS ₹0.73 ₹0.51 Up Tick / Down Tick43.14%

Shares of RASI ELECTRODES LTD. was last trading in BSE at Rs. 14.50 as compared to the previous close of Rs. 14.35. The total number of shares traded during the day was 26621 in over 62 trades.

The stock hit an intraday high of Rs. 14.90 and intraday low of 14.30. The net turnover during the day was Rs. 388934.00.

Source : Equity Bulls

Keywords

RasiElectrodes Q3FY23 9MFY23 ResultUpdate