Cubex Tubings Ltd Q4 FY2023 net profit increases to Rs. 1.28 crore

Cubex Tubings Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 59.5527 crores during the period ended March 31, 2023 as compared to Rs. 53.0258 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 1.2864 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.5818 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 0.89 for the period ended March 31, 2023 as compared to Rs. 0.41 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹59.5527 crs	₹53.0258 crs	12.31%
Net Profit	₹1.2864 crs	₹0.5818 crs	121.11%
EPS	₹0.89	₹0.41	117.07%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.59.5527 crores during the period ended March 31, 2023 as compared to Rs.42.2888 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.1.2864 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.1.1748 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.0.89 for the period ended March 31, 2023 as compared to Rs.0.82 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹59.5527 crs	₹42.2888 crs	40.82%
Net Profit	₹1.2864 crs	₹1.1748 crs	9.50%
EPS	₹0.89	₹0.82	8.54%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.192.9605 crores during the Financial Year ended March 31, 2023 as compared to Rs.135.6811 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.6476 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.2.4174 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.1.85 for the Financial Year ended March 31, 2023 as compared to Rs.1.69 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹192.9605 crs	₹135.6811 crs	42.22%
Net Profit	₹2.6476 crs	₹2.4174 crs	9.52%
EPS	₹1.85	₹1.69	9.47%

Shares of Cubex Tubings Limited was last trading in BSE at Rs. 39.88 as compared to the previous close of Rs. 40.25. The total number of shares traded during the day was 5470 in over 94 trades.

The stock hit an intraday high of Rs. 41.74 and intraday low of 39.20. The net turnover during the day was Rs. 222332.00.

Source : Equity Bulls

Keywords

CubexTubings Q4FY23 FY2023 ResultUpdate