Aegis Logistics Limited (NSE: AEGISCHEM): Q3 FY23 Results Out; Total Income Rises 72% YoY

Aegis Logistics Limited(NSE:AEGISCHEM) is engaged in the import and distribution of Liquified Petroleum Gas (LPG) and the storage and terminaling of LPG and chemical products. The company operates in two segments: Liquid Terminal Division and the Gas Terminal Division. The Liquid Terminal Division provides storage and terminaling facilities for oil and chemical products, while the Gas Terminal Division imports, stores, and distributes petroleum products through LPG and propane.

The company markets LPG packaged in cylinders for various applications, such as domestic, commercial, and industrial use. It also engages in the sale of liquefied petroleum gas (LPG), wholesale of fuels and related products, and storage and warehousing of various products such as general merchandise, furniture, automobiles, gas, oil, chemicals, and textiles.

In the Q3 FY2023, the company has reported total income of Rs.2,105.95 crore compared to Rs.2,168.51 crore in the previous quarter. The net profit for the period ended December 31, 2022 was Rs.125.34 crore compared to Rs.93.39 crore in the previous quarter. The company’s earnings per share (EPS) for the period were Rs.3.57 compared to Rs.2.66 in the previous quarter.

On a YoY comparison, the total income for the period ended December 31, 2022 was Rs.2,105.95 crore compared to Rs.1,222.17 crore in the same period the previous year. The net profit for the period was Rs.125.34 crore compared to Rs.101.77 crore in the same period the previous year, and the EPS was Rs.3.57 compared to Rs.2.90 in the same period the previous year.

The company has reported a total income of Rs. 6596.08 crores during the 9 Months period ended December 31, 2022. This represents a significant increase compared to the same period in the previous year, which saw total income of Rs. 2552.64 crores. The company has also reported a net profit of Rs. 322.10 crores for the 9 Months period ended December 31, 2022, which is an improvement over the previous year’s net profit of Rs. 262.77 crores. This increase in net profit has also led to an improvement in the company’s earnings per share (EPS), which has increased from Rs. 7.49 for the 9 Months period ended December 31, 2021 to Rs. 9.18 for the 9 Months period ended December 31, 2022.

These financial results indicate a positive trend in the performance of Aegis Logistics Limited. The increase in both total income and net profit indicates that the company has been able to effectively manage its operations and increase its profitability. The improvement in EPS also suggests that the company’s financial performance is being positively reflected in the value of its shares.