Mawana Sugars Ltd posts Rs. 11.89 crores consolidated loss in Q1FY23

Mawana Sugars Limited 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. 308.958 crores during the period ended June 30, 2022 as compared to Rs. 296.173 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -11.891 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 31.048 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -3.04 for the period ended June 30, 2022 as compared to Rs. 7.94 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 308.958 crs	₹296.173 crs	4.32%
Net Profit	₹-11.891 crs	₹31.048 crs	-138.30%
EPS	₹-3.04	₹7.94	-138.29%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 308.958 crores during the period ended June 30, 2022 as compared to Rs.361.209 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-11.891 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-2.033 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-3.04 for the period ended June 30, 2022 as compared to Rs.-0.52 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 308.958 crs	₹361.209 crs	-14.47%
Net Profit	₹-11.891 crs	₹-2.033 crs	484.90%
EPS	₹-3.04	₹-0.52	484.62%

Shares of Mawana Sugars Limited was last trading in BSE at Rs. 88.00 as compared to the previous close of Rs. 91.35. The total number of shares traded during the day was 16475 in over 780 trades.

The stock hit an intraday high of Rs. 95.20 and intraday low of 87.65. The net turnover during the day was Rs. 1472754.00.

Source : Equity Bulls

Keywords

MawanaSugars Q1FY23 ResultUpdate