Mohit Paper Mills Ltd Q3FY23 profit increases to Rs. 1.17 crore

MOHIT PAPER MILLS 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. 55.1438 crores during the period ended December 31, 2022 as compared to Rs. 59.6835 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.1714 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.0431 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.84 for the period ended December 31, 2022 as compared to Rs. 0.75 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹55.1438 crs	₹59.6835 crs	-7.61%
Net Profit	₹1.1714 crs	₹1.0431 crs	12.30%
EPS	₹0.84	₹0.75	12.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.55.1438 crores during the period ended December 31, 2022 as compared to Rs.35.4676 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.1714 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.7837 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.84 for the period ended December 31, 2022 as compared to Rs.0.56 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹55.1438 crs	₹35.4676 crs	55.48%
Net Profit	₹1.1714 crs	₹0.7837 crs	49.47%
EPS	₹0.84	₹0.56	50.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.167.4257 crores during the 9 Months period ended December 31, 2022 as compared to Rs.98.9645 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.0690 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.9036 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.19 for the 9 Months period ended December 31, 2022 as compared to Rs.0.65 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹167.4257 crs	₹98.9645 crs	69.18%
Net Profit	₹3.0690 crs	₹0.9036 crs	239.64%
EPS	₹2.19	₹0.65	236.92%

Shares of MOHIT PAPER MILLS LTD. was last trading in BSE at Rs. 19.50 as compared to the previous close of Rs. 20.00. The total number of shares traded during the day was 4119 in over 32 trades.

The stock hit an intraday high of Rs. 20.40 and intraday low of 19.25. The net turnover during the day was Rs. 80080.00.

Source : Equity Bulls

Keywords

MohitPaperMills Q3FY23 9MFY23 ResultUpdate