Stock Report

Music Broadcast Ltd Q3FY24 net profit at Rs. 2.56 crore



Posted On : 2024-01-23 18:39:50( TIMEZONE : IST )

Music Broadcast Ltd Q3FY24 net profit at Rs. 2.56 crore

Music Broadcast Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 66.2428 crores during the period ended December 31, 2023 as compared to Rs. 58.1548 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.5691 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.3662 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.07 for the period ended December 31, 2023 as compared to Rs. 0.01 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 66.2428 crs ₹58.1548 crs Up Tick / Down Tick13.91%
Net Profit ₹2.5691 crs ₹0.3662 crs Up Tick / Down Tick601.56%
EPS ₹0.07 ₹0.01 Up Tick / Down Tick600.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 66.2428 crores during the period ended December 31, 2023 as compared to Rs.59.8805 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.5691 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.4.0941 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.07 for the period ended December 31, 2023 as compared to Rs.0.12 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 66.2428 crs ₹59.8805 crs Up Tick / Down Tick10.62%
Net Profit ₹2.5691 crs ₹4.0941 crs Up Tick / Down Tick-37.25%
EPS ₹0.07 ₹0.12 Up Tick / Down Tick-41.67%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.183.0716 crores during the 9 Months period ended December 31, 2023 as compared to Rs.161.9892 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.3.8715 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.4.2075 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.11 for the 9 Months period ended December 31, 2023 as compared to Rs.0.12 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹183.0716 crs ₹161.9892 crs Up Tick / Down Tick13.01%
Net Profit ₹3.8715 crs ₹4.2075 crs Up Tick / Down Tick-7.99%
EPS ₹0.11 ₹0.12 Up Tick / Down Tick-8.33%

Shares of Music Broadcast Limited was last trading in BSE at Rs. 18.49 as compared to the previous close of Rs. 20.35. The total number of shares traded during the day was 198648 in over 899 trades.

The stock hit an intraday high of Rs. 20.79 and intraday low of 18.02. The net turnover during the day was Rs. 3855567.00.

Source : Equity Bulls

Keywords

MusicBroadcast Q3FY24 9MFY24 ResultUpdate