Stock Report

MM Forgings Ltd Q3FY22 consolidated net profit surges to Rs. 29.41 crores



Posted On : 2022-02-07 18:56:51( TIMEZONE : IST )

MM Forgings Ltd Q3FY22 consolidated net profit surges to Rs. 29.41 crores

MM Forgings Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 299.1720 crores during the period ended December 31, 2021 as compared to Rs. 276.8656 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 29.4134 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 26.8403 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 12.18 for the period ended December 31, 2021 as compared to Rs. 11.12 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 299.1720 crs ₹276.8656 crs Up Tick / Down Tick8.06%
Net Profit ₹29.4134 crs ₹26.8403 crs Up Tick / Down Tick9.59%
EPS ₹12.18 ₹11.12 Up Tick / Down Tick9.53%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 299.1720 crores during the period ended December 31, 2021 as compared to Rs.231.2899 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.29.4134 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.15.6433 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.12.18 for the period ended December 31, 2021 as compared to Rs.6.48 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 299.1720 crs ₹231.2899 crs Up Tick / Down Tick29.35%
Net Profit ₹29.4134 crs ₹15.6433 crs Up Tick / Down Tick88.03%
EPS ₹12.18 ₹6.48 Up Tick / Down Tick87.96%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.826.4838 crores during the 9 Months period ended December 31, 2021 as compared to Rs.472.2030 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.79.3888 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.11.5976 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.32.89 for the 9 Months period ended December 31, 2021 as compared to Rs.4.80 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹826.4838 crs ₹472.2030 crs Up Tick / Down Tick75.03%
Net Profit ₹79.3888 crs ₹11.5976 crs Up Tick / Down Tick584.53%
EPS ₹32.89 ₹4.80 Up Tick / Down Tick585.21%

Shares of MM Forgings Limited was last trading in BSE at Rs. 666.35 as compared to the previous close of Rs. 650.40. The total number of shares traded during the day was 1030 in over 189 trades.

The stock hit an intraday high of Rs. 685.45 and intraday low of 651.30. The net turnover during the day was Rs. 692377.00.

Source : Equity Bulls

Keywords

MMForgings Q3FY22 9MFY22 ResultUpdate