Stock Report

Modison Ltd Q2 FY2023-24 consolidated net profit up at Rs. 5.61 crore



Posted On : 2023-11-02 23:03:21( TIMEZONE : IST )

Modison Ltd Q2 FY2023-24 consolidated net profit up at Rs. 5.61 crore

MODISON METALS 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. 97.2574 crores during the period ended September 30, 2023 as compared to Rs. 86.1484 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 5.6113 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 5.5185 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.73 for the period ended September 30, 2023 as compared to Rs. 1.70 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 97.2574 crs ₹86.1484 crs Up Tick / Down Tick12.90%
Net Profit ₹5.6113 crs ₹5.5185 crs Up Tick / Down Tick1.68%
EPS ₹1.73 ₹1.70 Up Tick / Down Tick1.76%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 97.2574 crores during the period ended September 30, 2023 as compared to Rs.80.3211 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.6113 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.4623 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.73 for the period ended September 30, 2023 as compared to Rs.0.14 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 97.2574 crs ₹80.3211 crs Up Tick / Down Tick21.09%
Net Profit ₹5.6113 crs ₹0.4623 crs Up Tick / Down Tick1,113.78%
EPS ₹1.73 ₹0.14 Up Tick / Down Tick1,135.71%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.183.4058 crores during the 6 Months period ended September 30, 2023 as compared to Rs.170.3787 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.11.1299 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.5.5572 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.3.43 for the 6 Months period ended September 30, 2023 as compared to Rs.1.71 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹183.4058 crs ₹170.3787 crs Up Tick / Down Tick7.65%
Net Profit ₹11.1299 crs ₹5.5572 crs Up Tick / Down Tick100.28%
EPS ₹3.43 ₹1.71 Up Tick / Down Tick100.58%

Shares of MODISON METALS LTD. was last trading in BSE at Rs. 85.49 as compared to the previous close of Rs. 81.42. The total number of shares traded during the day was 11923 in over 68 trades.

The stock hit an intraday high of Rs. 85.49 and intraday low of 81.05. The net turnover during the day was Rs. 999121.00.

Source : Equity Bulls

Keywords

Modison Q2FY24 H1FY24 ResultUpdate