Magadh Sugar & Energy Ltd Q4 FY2020 net profit rises to Rs. 54.35 crore

Magadh Sugar & Energy Ltd has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported net sales of Rs.291.59 crores during the period ended March 31, 2020 as compared to Rs.282.10 crores during the period ended December 31, 2019.

The company has posted net profit of Rs.54.35 crores for the period ended March 31, 2020 as against Rs.20.79 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.38.57 for the period ended March 31, 2020 as compared to Rs.14.76 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 291.59 crs	₹ 282.10 crs	3.36%
Net Profit	₹ 54.35 crs	₹ 20.79 crs	161.42%
EPS	₹ 38.57	₹ 14.76	161.31%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported net sales of Rs.291.59 crores during the period ended March 31, 2020 as compared to Rs.208.78 crores during the period ended March 31, 2019.

The company has posted net profit of Rs.54.35 crores for the period ended March 31, 2020 as against Rs.33.28 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.38.57 for the period ended March 31, 2020 as compared to Rs.23.62 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 291.59 crs	₹ 208.78 crs	39.66%
Net Profit	₹ 54.35 crs	₹ 33.28 crs	63.31%
EPS	₹ 38.57	₹ 23.62	63.29%

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

The company has reported net sales of Rs.919.41 crores during the 12 months period ended March 31, 2020 as compared to Rs.744.91 crores during the 12 months period ended March 31, 2019.

The company has posted net profit of Rs.83.03 crores for the 12 months period ended March 31, 2020 as against Rs.34.21 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.58.93 for the 12 months period ended March 31, 2020 as compared to Rs.24.28 for the 12 months period ended March 31, 2019.

Financials	FY2019-20	FY2018-19	% Change
Total Income	₹ 919.41 crs	₹ 744.91 crs	23.43%
Net Profit	₹ 83.03 crs	₹ 34.21 crs	142.71%
EPS	₹ 58.93	₹24.28	142.71%

Shares of Magadh Sugar & Energy Ltd was last trading in BSE at Rs.137 as compared to the previous close of Rs. 124.55. The total number of shares traded during the day was 26147 in over 983 trades.

The stock hit an intraday high of Rs. 137 and intraday low of 126.5. The net turnover during the day was Rs. 3434170.

Source : Equity Bulls

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