Magna Electro Castings Ltd Q1 FY2023 PAT jumps to Rs. 3.81 crores

MAGNA ELECTRO CASTINGS LTD. 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. 43.2498 crores during the period ended June 30, 2022 as compared to Rs. 35.9541 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 3.8126 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.1002 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 9.01 for the period ended June 30, 2022 as compared to Rs. 2.60 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 43.2498 crs	₹35.9541 crs	20.29%
Net Profit	₹3.8126 crs	₹1.1002 crs	246.54%
EPS	₹9.01	₹2.60	246.54%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 43.2498 crores during the period ended June 30, 2022 as compared to Rs.22.5752 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.3.8126 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.8529 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.9.01 for the period ended June 30, 2022 as compared to Rs.2.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 43.2498 crs	₹22.5752 crs	91.58%
Net Profit	₹3.8126 crs	₹0.8529 crs	347.02%
EPS	₹9.01	₹2.02	346.04%

Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs. 199.45 as compared to the previous close of Rs. 187.05. The total number of shares traded during the day was 4268 in over 85 trades.

The stock hit an intraday high of Rs. 202.00 and intraday low of 187.05. The net turnover during the day was Rs. 838606.00.

Source : Equity Bulls

Keywords

MagnaElectroCastings Q1FY23 ResultUpdate