Modern Dairies Ltd Q1FY23 net profit higher at Rs. 2.65 crore

MODERN DAIRIES 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. 44.3734 crores during the period ended June 30, 2022 as compared to Rs. 50.6737 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.6514 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.5119 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.14 for the period ended June 30, 2022 as compared to Rs. 1.08 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 44.3734 crs	₹50.6737 crs	-12.43%
Net Profit	₹2.6514 crs	₹2.5119 crs	5.55%
EPS	₹1.14	₹1.08	5.56%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 44.3734 crores during the period ended June 30, 2022 as compared to Rs.71.5672 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.6514 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.4445 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.14 for the period ended June 30, 2022 as compared to Rs.0.19 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 44.3734 crs	₹71.5672 crs	-38.00%
Net Profit	₹2.6514 crs	₹0.4445 crs	496.49%
EPS	₹1.14	₹0.19	500.00%

Shares of MODERN DAIRIES LTD. was last trading in BSE at Rs. 9.41 as compared to the previous close of Rs. 8.26. The total number of shares traded during the day was 77290 in over 175 trades.

The stock hit an intraday high of Rs. 9.90 and intraday low of 8.10. The net turnover during the day was Rs. 707806.00.

Source : Equity Bulls

Keywords

ModernDairies Q1FY23 ResultUpdate