Stock Report

Mid India Industries Ltd reports Rs. 14.02 lakhs profit in Q3FY23



Posted On : 2023-01-31 10:35:55( TIMEZONE : IST )

Mid India Industries Ltd reports Rs. 14.02 lakhs profit in Q3FY23

MID INDIA INDUSTRIES LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1.8868 crores during the period ended December 31, 2022 as compared to Rs. 3.3389 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1402 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.1709 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.09 for the period ended December 31, 2022 as compared to Rs. 0.10 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹1.8868 crs ₹3.3389 crs Up Tick / Down Tick-43.49%
Net Profit ₹0.1402 crs ₹0.1709 crs Up Tick / Down Tick-17.96%
EPS ₹0.09 ₹0.10 Up Tick / Down Tick-10.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1.8868 crores during the period ended December 31, 2022 as compared to Rs.6.0612 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1402 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3567 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.09 for the period ended December 31, 2022 as compared to Rs.0.22 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹1.8868 crs ₹6.0612 crs Up Tick / Down Tick-68.87%
Net Profit ₹0.1402 crs ₹0.3567 crs Up Tick / Down Tick-60.70%
EPS ₹0.09 ₹0.22 Up Tick / Down Tick-59.09%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.10.8575 crores during the 9 Months period ended December 31, 2022 as compared to Rs.9.4630 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.6306 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.3211 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.39 for the 9 Months period ended December 31, 2022 as compared to Rs.0.20 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹10.8575 crs ₹9.4630 crs Up Tick / Down Tick14.74%
Net Profit ₹0.6306 crs ₹0.3211 crs Up Tick / Down Tick96.39%
EPS ₹0.39 ₹0.20 Up Tick / Down Tick95.00%

Shares of MID INDIA INDUSTRIES LTD. was last trading in BSE at Rs. 9.48 as compared to the previous close of Rs. 9.57. The total number of shares traded during the day was 2623 in over 49 trades.

The stock hit an intraday high of Rs. 9.98 and intraday low of 9.20. The net turnover during the day was Rs. 25384.00.

Source : Equity Bulls

Keywords

MidIndiaIndustries Q3FY23 9MFY23 ResultUpdate