Unlisted Deals:
×
Frick India Limited Q3FY23 Results Highlights
Created at 14 Feb 2023 15:56

Frick India Limited, a leading provider of industrial refrigeration solutions, has recently announced its Q3FY23 results. The company's total revenue for the quarter stood at INR 101.75 Cr., a significant increase from INR 68.96 Cr. in the previous quarter. The company's revenue for the first nine months of FY23 was INR 239.16 Cr., compared to INR 189.01 Cr. in the same period last year. The current Shares Price of Frick India shares is around Rs. 3000 per share, in Indian Private Markets. 

The company's total expenses for Q3FY23 were INR 92.42 Cr., up from INR 62.85 Cr. in the previous quarter. For the first nine months of FY23, the company's total expenses were INR 218.94 Cr., compared to INR 177.57 Cr. in the same period last year. Despite the increase in expenses, the company was able to post a net profit of INR 7.32 Cr. in Q3FY23, up from INR 4.37 Cr. in the previous quarter. For the first nine months of FY23, the company's net profit was INR 15.45 Cr., compared to INR 8.64 Cr. in the same period last year.

The company's earnings per share (EPS) for Q3FY23 were INR 122.48, up from INR 73.38 in the previous quarter. For the first nine months of FY23, the company's EPS was INR 258.93, compared to INR 145.91 in the same period last year. Frick India's net worth for Q3FY23 was INR 219.09 Cr., up from INR 211.77 Cr. in the previous quarter, and the net worth for FY22 was INR 203.63 Cr.

Frick India's Q3FY23 results indicate a strong performance, with significant increases in both revenue and net profit. The company's ability to maintain its net worth and increase its EPS is a positive sign for investors. The increase in expenses can be attributed to the company's efforts to expand its operations and improve its product offerings.

It is worth noting that Frick India is currently an unlisted company in the Indian market, and its current share price is around INR 3000 per share. This means that investors who are interested in the company can only buy and sell shares through private transactions.

Looking ahead, Frick India's focus on innovation and expansion is expected to continue to drive its growth in the refrigeration solutions market. The company's strong financial performance in Q3FY23 is a testament to its ability to adapt to changing market conditions and deliver value to its customers and shareholders.

Support Megha Support Neha

News Alert