Mitsu Chem Plast Ltd Q3 FY2024 PAT climbs to Rs. 3.18 crore

Mitsu Chem Plast Ltd 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. 73.7369 crores during the period ended December 31, 2023 as compared to Rs. 76.0076 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 3.1830 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 1.4997 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.64 for the period ended December 31, 2023 as compared to Rs. 1.24 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 73.7369 crs	₹76.0076 crs	-2.99%
Net Profit	₹3.1830 crs	₹1.4997 crs	112.24%
EPS	₹2.64	₹1.24	112.90%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 73.7369 crores during the period ended December 31, 2023 as compared to Rs.71.6492 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.3.1830 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.8089 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.64 for the period ended December 31, 2023 as compared to Rs.1.50 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 73.7369 crs	₹71.6492 crs	2.91%
Net Profit	₹3.1830 crs	₹1.8089 crs	75.96%
EPS	₹2.64	₹1.50	76.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.229.7352 crores during the 9 Months period ended December 31, 2023 as compared to Rs.226.1642 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.6.0313 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.8.5053 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.5 for the 9 Months period ended December 31, 2023 as compared to Rs.7.05 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹229.7352 crs	₹226.1642 crs	1.58%
Net Profit	₹6.0313 crs	₹8.5053 crs	-29.09%
EPS	₹5	₹7.05	-29.08%

Shares of Mitsu Chem Plast Ltd was last trading in BSE at Rs. 170.95 as compared to the previous close of Rs. 174.75. The total number of shares traded during the day was 7711 in over 199 trades.

The stock hit an intraday high of Rs. 178.00 and intraday low of 170.65. The net turnover during the day was Rs. 1335012.00.

Source : Equity Bulls

Keywords

MitsuChemPlast Q3FY24 9MFY24 ResultUpdate