Apar Industries zooms on reporting over 3-fold jump in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Apar Industries is currently trading at Rs. 1923.90, up by 234.45 points or 13.88% from its previous closing of Rs. 1689.45 on the BSE.
The scrip opened at Rs. 1750.10 and has touched a high and low of Rs. 1999.00 and Rs. 1750.10 respectively. So far 130096 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1999.00 on 01-Feb-2023 and a 52 week low of Rs. 558.60 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 1999.00 and Rs. 1357.50 respectively. The current market cap of the company is Rs. 7198.90 crore.
The promoters holding in the company stood at 60.64%, while Institutions and Non-Institutions held 24.26% and 15.10% respectively.
Apar Industries has reported results for third quarter ended December 31, 2022.
The company has reported around 3-fold jump in its net profit at Rs 157.86 crore for Q3FY23 as compared to Rs 52.87 crore for the corresponding quarter previous year. Total income of the company increased by 74.46% to Rs 3,631.97 crore for the quarter under review as compared to Rs 2,081.78 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 169.90 crore for Q3FY23 as compared to Rs 54.96 crore for the same quarter in the previous year. Total income of the company increased by 76.34% to Rs 3,945.55 crore for the quarter under review as compared to Rs 2,237.43 crore for the same quarter in the previous year.
