Stock Report

Mangal Credit and Fincorp Ltd Q2 FY2022-23 net profit jumps to Rs. 2.03 crore



Posted On : 2022-10-18 15:53:18( TIMEZONE : IST )

Mangal Credit and Fincorp Ltd Q2 FY2022-23 net profit jumps to Rs. 2.03 crore

MANGAL CREDIT AND FINCORP LTD. has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.8918 crores during the period ended September 30, 2022 as compared to Rs. 3.9321 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.0386 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.5711 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.06 for the period ended September 30, 2022 as compared to Rs. 0.81 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 4.8918 crs ₹3.9321 crs Up Tick / Down Tick24.41%
Net Profit ₹2.0386 crs ₹1.5711 crs Up Tick / Down Tick29.76%
EPS ₹1.06 ₹0.81 Up Tick / Down Tick30.86%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.8918 crores during the period ended September 30, 2022 as compared to Rs.3.0661 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.0386 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.3966 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.06 for the period ended September 30, 2022 as compared to Rs.0.72 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 4.8918 crs ₹3.0661 crs Up Tick / Down Tick59.54%
Net Profit ₹2.0386 crs ₹1.3966 crs Up Tick / Down Tick45.97%
EPS ₹1.06 ₹0.72 Up Tick / Down Tick47.22%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8.8239 crores during the 6 Months period ended September 30, 2022 as compared to Rs.6.3252 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.6097 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.9039 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.1.87 for the 6 Months period ended September 30, 2022 as compared to Rs.1.50 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹8.8239 crs ₹6.3252 crs Up Tick / Down Tick39.50%
Net Profit ₹3.6097 crs ₹2.9039 crs Up Tick / Down Tick24.31%
EPS ₹1.87 ₹1.50 Up Tick / Down Tick24.67%

Shares of MANGAL CREDIT AND FINCORP LTD. was last trading in BSE at Rs. 125.00 as compared to the previous close of Rs. 128.45. The total number of shares traded during the day was 48602 in over 122 trades.

The stock hit an intraday high of Rs. 132.85 and intraday low of 124.00. The net turnover during the day was Rs. 6103369.00.

Source : Equity Bulls

Keywords

MangalCreditandFincorp Q2FY23 H1FY23 ResultUpdate