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Sharda Motor Industries reports 19% rise in Q3 consolidated net profit

30 Jan 2023 Evaluate

Sharda Motor Industries has reported results for third quarter ended December 31, 2022.

The company has reported rise of 7.79% in its net profit at Rs 46.08 crore for Q3FY23 as compared to Rs 42.75 crore for the corresponding quarter previous year. Total income of the company increased by 19.35% to Rs 697.23 crore for the quarter under review as compared to Rs 584.17 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 18.66% in its net profit at Rs 46.37 crore for Q3FY23 as compared to Rs 39.08 crore for the same quarter in the previous year. Total income of the company increased by 19.35% to Rs 697.23 crore for the quarter under review as compared to Rs 584.17 crore for the same quarter in the previous year.

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