Stock Report

Medinova Diagnostic Services Ltd Q2 FY2023-24 consolidated profit increases to Rs. 66.41 lakhs

Posted On : 2023-11-02 15:54:21( TIMEZONE : IST )

MEDINOVA DIAGNOSTIC SERVICES LTD. has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2.8847 crores during the period ended September 30, 2023 as compared to Rs. 2.4362 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6641 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. .3330 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.67 for the period ended September 30, 2023 as compared to Rs. 0.33 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 2.8847 crs	₹2.4362 crs	18.41%
Net Profit	₹0.6641 crs	₹.3330 crs	99.43%
EPS	₹0.67	₹0.33	103.03%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.8847 crores during the period ended September 30, 2023 as compared to Rs.2.5903 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.6641 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.3598 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.67 for the period ended September 30, 2023 as compared to Rs.0.36 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 2.8847 crs	₹2.5903 crs	11.37%
Net Profit	₹0.6641 crs	₹0.3598 crs	84.57%
EPS	₹0.67	₹0.36	86.11%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.5.3209 crores during the 6 Months period ended September 30, 2023 as compared to Rs.5.0684 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.9971 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.6577 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1 for the 6 Months period ended September 30, 2023 as compared to Rs.0.66 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹5.3209 crs	₹5.0684 crs	4.98%
Net Profit	₹0.9971 crs	₹0.6577 crs	51.60%
EPS	₹1	₹0.66	51.52%

Shares of MEDINOVA DIAGNOSTIC SERVICES LTD. was last trading in BSE at Rs. 24.94 as compared to the previous close of Rs. 23.76. The total number of shares traded during the day was 3606 in over 26 trades.

The stock hit an intraday high of Rs. 24.94 and intraday low of 23.30. The net turnover during the day was Rs. 86459.00.