Earnings |Clean Science and Technology Ltd. (NSE:CLEAN): Q3FY23 Results Out; Total Income rise 33% YoY

Clean Science and Technology Ltd. (NSE:CLEAN) is an Indian specialty chemicals manufacturer that produces eco-friendly and sustainable chemicals for a variety of industries, including pharmaceuticals, agrochemicals, and cosmetics. The company is focused on green chemistry and operates using a closed-loop production process that minimizes waste and reduces the environmental impact of its operations.

The company’s total income for the period ended December 31, 2022, was Rs. 249.913 crores, which was slightly lower than the previous quarter’s total income of Rs. 250.312 crores. However, the total income for the current period is higher compared to the same period in the previous year (Rs. 188.266 crores).

During the period ended December 31, 2022, the company reported a net profit of Rs. 83.8 crore, which was higher than the previous quarter’s net profit of Rs. 67.9 crore. The net profit for the current period was also higher compared to the same period in the previous year (Rs. 57.9 crore). The company’s earnings per share (EPS) for the period ended December 31, 2022, was Rs. 7.88, which was an improvement compared to the previous quarter’s EPS of Rs. 6.39.

For the 9 months period ended December 31, 2022, Clean Science and Technology Ltd. reported a total income of Rs. 736.1 crore, which was a substantial increase compared to the 9 months period ended December 31, 2021 (Rs. 502.8 crore). The company’s net profit for the 9 months period ended December 31, 2022, was Rs. 214.6 crore, which was higher compared to the same period in the previous year (Rs. 166.1 crore). The EPS for the 9 months period ended December 31, 2022, was Rs. 20.20, which was an improvement compared to the same period in the previous year (Rs. 15.64).

Overall, Clean Science and Technology Ltd. has shown consistent growth in its total income, net profit, and EPS for both quarterly and 9 months periods. The company’s focus on sustainable and eco-friendly production processes, coupled with its commitment to innovation and excellence, has enabled it to position itself as a leader in the specialty chemicals industry.