AMD Industries Ltd posts net profit of Rs. 1.11 crore in Q3FY23

AMD Industries 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. 49.7938 crores during the period ended December 31, 2022 as compared to Rs. 58.2242 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.1105 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.2594 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.58 for the period ended December 31, 2022 as compared to Rs. -0.14 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹49.7938 crs	₹58.2242 crs	-14.48%
Net Profit	₹1.1105 crs	₹-0.2594 crs	528.10%
EPS	₹0.58	₹-0.14	514.29%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.49.7938 crores during the period ended December 31, 2022 as compared to Rs.31.9098 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.1105 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.6192 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.58 for the period ended December 31, 2022 as compared to Rs.-0.32 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹49.7938 crs	₹31.9098 crs	56.05%
Net Profit	₹1.1105 crs	₹-0.6192 crs	279.34%
EPS	₹0.58	₹-0.32	281.25%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.236.5911 crores during the 9 Months period ended December 31, 2022 as compared to Rs.121.1598 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.11.1924 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.2810 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.84 for the 9 Months period ended December 31, 2022 as compared to Rs.0.67 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹236.5911 crs	₹121.1598 crs	95.27%
Net Profit	₹11.1924 crs	₹1.2810 crs	773.72%
EPS	₹5.84	₹0.67	771.64%

Shares of AMD Industries Limited was last trading in BSE at Rs. 52.30 as compared to the previous close of Rs. 52.35. The total number of shares traded during the day was 2376 in over 75 trades.

The stock hit an intraday high of Rs. 54.75 and intraday low of 52.20. The net turnover during the day was Rs. 126362.00.

Source : Equity Bulls

Keywords

AMDIndustries Q3FY23 9MFY23 ResultUpdate