Midland Microfin Ltd posts FY20 PAT of Rs. 18.72 crore

Midland Microfin Ltd. has reported financial results for the period ended March 31, 2020.

Financial Results (H2 FY19-20) - YoY Comparison

The company has reported net sales of Rs.99.11 crores during the 6 months period ended March 31, 2020 as compared to Rs.62.40 crores during the 6 months period ended March 31, 2019.

The company has posted net profit of Rs.9.39 crores for the 6 months period ended March 31, 2020 as against Rs.3.09 crores for the 6 months period ended March 31, 2019.

The company has reported EPS of Rs.2.98 for the 6 months period ended March 31, 2020 as compared to Rs.1.21 for the 6 months period ended March 31, 2019.

Financials	H2 FY19-20	H2 FY18-19	% Change
Total Income	₹ 99.11 crs	₹ 62.40 crs	58.83%
Net Profit	₹ 9.39 crs	₹ 3.09 crs	203.88%
EPS	₹ 2.98	₹ 1.21	146.28%

Financial Results (Year ended FY 2019-20) - YoY Comparison

The company has reported net sales of Rs.184.14 crores for the year ended March 31, 2020 as compared to Rs.115.88 crores for the year ended March 31, 2019.

The company has posted net profit of Rs.18.72 crores for the year ended March 31, 2020 as against Rs.8.64 crores for the year ended March 31, 2019.

The company has reported EPS of Rs.5.94 for the year ended March 31, 2020 as compared to Rs.3.41 for the year ended March 31, 2019.

Financials	FY2019-20	FY2018-19	% Change
Total Income	₹ 184.14 crs	₹ 115.88 crs	58.91%
Net Profit	₹ 18.72 crs	₹ 8.64 crs	116.67%
EPS	₹ 5.94	₹3.41	74.19%

Source : Equity Bulls

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