Stock Report

Magna Electro Castings Q3FY22 PAT drops QoQ to Rs. 2.41 crore



Posted On : 2022-01-31 13:11:27( TIMEZONE : IST )

Magna Electro Castings Q3FY22 PAT drops QoQ to Rs. 2.41 crore

MAGNA ELECTRO CASTINGS LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 40.8174 crores during the period ended December 31, 2021 as compared to Rs. 38.1282 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 2.4157 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 3.3604 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 5.71 for the period ended December 31, 2021 as compared to Rs. 7.94 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 40.8174 crs ₹38.1282 crs Up Tick / Down Tick7.05%
Net Profit ₹2.4157 crs ₹3.3604 crs Up Tick / Down Tick-28.11%
EPS ₹5.71 ₹7.94 Up Tick / Down Tick-28.09%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 40.8174 crores during the period ended December 31, 2021 as compared to Rs.27.0733 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.4157 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.7499 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.5.71 for the period ended December 31, 2021 as compared to Rs.1.70 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 40.8174 crs ₹27.0733 crs Up Tick / Down Tick50.77%
Net Profit ₹2.4157 crs ₹0.7499 crs Up Tick / Down Tick222.14%
EPS ₹5.71 ₹1.70 Up Tick / Down Tick235.88%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.101.5207 crores during the 9 Months period ended December 31, 2021 as compared to Rs.70.3259 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.6.6289 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.5.0115 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.15.66 for the 9 Months period ended December 31, 2021 as compared to Rs.11.07 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹101.5207 crs ₹70.3259 crs Up Tick / Down Tick44.36%
Net Profit ₹6.6289 crs ₹5.0115 crs Up Tick / Down Tick32.27%
EPS ₹15.66 ₹11.07 Up Tick / Down Tick41.46%

Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs. 235.95 as compared to the previous close of Rs. 240.55. The total number of shares traded during the day was 4894 in over 112 trades.

The stock hit an intraday high of Rs. 245.40 and intraday low of 232.00. The net turnover during the day was Rs. 1175035.00.

Source : Equity Bulls

Keywords

MagnaElectroCastings Q3FY22 9MFY22 ResultUpdate