Mining firm Ashapura Minechem announced Q3FY23 results: Consolidated Q3FY23: As compared to Q3FY22, The Company's revenues in Q3FY23 increased by 114.29%, whereas the Profit After Tax for Q3FY23 was Rs 29.21 crore, versus a loss of Rs 21.72 crore in Q3FY22. The Company has performed well on the back of Bauxite exports from Guinea which we seek to sustainably replicate in the following quarters. The Company is in the process of commencing operations from its 2nd Bauxite mine in Guinea, which will substantially improve export volumes and value. The Company’s performance has also been positively impacted on account of strong sales of Bentonite, Kaolin and other value-added products. Ashapura also remains well poised to participate in the improving metal ore market. Result PDF