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Mishra Dhatu Nigam Limited announces Q2, H1 FY2020-21 results
Posted On : 2020-11-11 14:26:33( TIMEZONE : IST )
Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a Turnover of Rs.163.77 Cr, during the 2~ quarter of FY 2020-21, against the Turnover of Rs. 170.21 Cr recorded in the corresponding period of the previous year.
Profit Before Tax (PBT) during the 2nd quarter of FY 2020-21 stood at Rs. 44.34 Cr, against the Profit Before Tax (PBT) of Rs.51.98 Cr recorded in the corresponding period of the previous year.
Profit After Tax (PAT) during the 2nd quarter of FY 2020-21 stood at Rs. 32.57 Cr, against the Profit After Tax (PAT) of Rs.35.85 Cr recorded in the corresponding period of the previous year.
For the half year ending September 2020, the company has achieved a Turnover of Rs.277.27 Cr, against the Turnover of Rs. 302.36 Cr recorded in the corresponding period of the previous year.
Profit Before Tax (PBT) during the 1st half of FY 2020-21 stood at Rs. 43.92 Cr, against the Profit Before Tax (PBT) of Rs. 87.94 Cr recorded in the corresponding period of the previous year.
Profit After Tax (PAT) during the 1st half of FY 2020-21 stood at Rs. 31.65 Cr, against the Profit After Tax (PAT) of Rs. 58.85 Cr recorded in the corresponding period of the previous year.
The company's financial results for the current half year have been impacted by the lockdown on account of COVID-19. The Company has assessed the possible impact of COVID-19 on its financial statements based on the internal and external information available upto the date of approval of these financial results including but not limited to its assessment of company's liquidity, recoverable values of property, plant and equipment, intangible assets and the net realisable values of other assets. The company continues to monitor changes in future economic conditions while taking steps to improve the operational efficiencies and the financial outcome.
The order book position of the company as on 1st October 2020 stood at Rs.1689 Cr.
Shares of Mishra Dhatu Nigam Ltd was last trading in BSE at Rs.185.15 as compared to the previous close of Rs. 186. The total number of shares traded during the day was 29448 in over 847 trades.
The stock hit an intraday high of Rs. 187.35 and intraday low of 183.5. The net turnover during the day was Rs. 5466047.
