Magadh Sugar and Energy Ltd Q3 FY2023 net profit climbs to Rs. 21.82 crores

Magadh Sugar & Energy Limited 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. 209.9774 crores during the period ended December 31, 2022 as compared to Rs. 199.8819 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 21.8227 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -6.6910 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 15.48 for the period ended December 31, 2022 as compared to Rs. -4.75 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹209.9774 crs	₹199.8819 crs	5.05%
Net Profit	₹21.8227 crs	₹-6.6910 crs	426.15%
EPS	₹15.48	₹-4.75	425.89%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.209.9774 crores during the period ended December 31, 2022 as compared to Rs.202.9493 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.21.8227 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.19.9803 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.15.48 for the period ended December 31, 2022 as compared to Rs.14.18 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹209.9774 crs	₹202.9493 crs	3.46%
Net Profit	₹21.8227 crs	₹19.9803 crs	9.22%
EPS	₹15.48	₹14.18	9.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.655.8407 crores during the 9 Months period ended December 31, 2022 as compared to Rs.654.1779 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.15.2105 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.13.0003 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.79 for the 9 Months period ended December 31, 2022 as compared to Rs.9.23 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹655.8407 crs	₹654.1779 crs	0.25%
Net Profit	₹15.2105 crs	₹13.0003 crs	17.00%
EPS	₹10.79	₹9.23	16.90%

Shares of Magadh Sugar & Energy Limited was last trading in BSE at Rs. 308.90 as compared to the previous close of Rs. 311.20. The total number of shares traded during the day was 1883 in over 127 trades.

The stock hit an intraday high of Rs. 311.25 and intraday low of 304.40. The net turnover during the day was Rs. 581210.00.

Source : Equity Bulls

Keywords

MagadhSugarandEnergy Q3FY23 9MFY23 ResultUpdate