Magellanic Cloud Ltd posts surge in Q1FY23 consolidated PAT to Rs. 10.07 crores

Magellanic Cloud Ltd has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 87.9257 crores during the period ended June 30, 2022 as compared to Rs. 66.6226 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 10.0786 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.5886 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.70 for the period ended June 30, 2022 as compared to Rs. 0.63 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 87.9257 crs	₹66.6226 crs	31.98%
Net Profit	₹10.0786 crs	₹1.5886 crs	534.43%
EPS	₹3.70	₹0.63	487.30%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 87.9257 crores during the period ended June 30, 2022 as compared to Rs.61.9962 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.10.0786 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0806 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.70 for the period ended June 30, 2022 as compared to Rs.0.03 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 87.9257 crs	₹61.9962 crs	41.82%
Net Profit	₹10.0786 crs	₹0.0806 crs	12,404.47%
EPS	₹3.70	₹0.03	12,233.33%

Shares of Magellanic Cloud Ltd was last trading in BSE at Rs. 377.05 as compared to the previous close of Rs. 383.80. The total number of shares traded during the day was 1657 in over 45 trades.

The stock hit an intraday high of Rs. 386.80 and intraday low of 377.00. The net turnover during the day was Rs. 633033.00.

Source : Equity Bulls

Keywords

MagellanicCloud Q1FY23 ResultUpdate