Bhatkawa Tea Industries Limited Q3 FY23 Investor Update

Bhatkawa Tea Industries Limited released its financial results for the quarter ended December 31, 2022. The company reported a fall of -10.4% in its revenues from Rs 11.5 Cr in Q3 FY22 to Rs 10.3 Cr in Q3 FY23. The net profit of the company decreased by -63.5% from Rs 3.55 Cr in Q3 FY22 to Rs 1.29 Cr in FY23. EPS fell by -63.5% from Rs 15.8 Cr in Q3 FY22 to Rs 5.8 Cr in Q3 FY23. Equity remained unchanged during the period.