Magadh Sugar and Energy Ltd Q1 FY2023 PAT falls QoQ to Rs. 7.88 lakhs

Magadh Sugar & Energy Limited has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 245.9814 crores during the period ended June 30, 2022 as compared to Rs. 343.6997 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0788 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 33.0168 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.06 for the period ended June 30, 2022 as compared to Rs. 23.43 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 245.9814 crs	₹343.6997 crs	-28.43%
Net Profit	₹0.0788 crs	₹33.0168 crs	-99.76%
EPS	₹0.06	₹23.43	-99.74%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 245.9814 crores during the period ended June 30, 2022 as compared to Rs.252.7818 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0788 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-3.9504 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.06 for the period ended June 30, 2022 as compared to Rs.-2.80 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 245.9814 crs	₹252.7818 crs	-2.69%
Net Profit	₹0.0788 crs	₹-3.9504 crs	101.99%
EPS	₹0.06	₹-2.80	102.14%

Shares of Magadh Sugar & Energy Limited was last trading in BSE at Rs. 333.60 as compared to the previous close of Rs. 336.95. The total number of shares traded during the day was 4061 in over 265 trades.

The stock hit an intraday high of Rs. 354.95 and intraday low of 328.70. The net turnover during the day was Rs. 1379951.00.

Source : Equity Bulls

Keywords

MagadhSugarandEnergy Q1FY23 ResultUpdate