Magadh Sugar and Energy posts net profit of Rs. 19.98 crores in Q3FY22

Magadh Sugar & Energy Limited 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. 202.9493 crores during the period ended December 31, 2021 as compared to Rs. 198.4468 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 19.9803 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -3.0296 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 14.18 for the period ended December 31, 2021 as compared to Rs. -2.15 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹202.9493 crs	₹198.4468 crs	2.27%
Net Profit	₹19.9803 crs	₹-3.0296 crs	759.50%
EPS	₹14.18	₹-2.15	759.53%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.202.9493 crores during the period ended December 31, 2021 as compared to Rs.222.3808 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.19.9803 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.14.6274 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.14.18 for the period ended December 31, 2021 as compared to Rs.10.38 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹202.9493 crs	₹222.3808 crs	-8.74%
Net Profit	₹19.9803 crs	₹14.6274 crs	36.60%
EPS	₹14.18	₹10.38	36.61%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.654.1779 crores during the 9 Months period ended December 31, 2021 as compared to Rs.627.7673 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.13.0003 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.5.2691 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.9.23 for the 9 Months period ended December 31, 2021 as compared to Rs.3.74 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹654.1779 crs	₹627.7673 crs	4.21%
Net Profit	₹13.0003 crs	₹5.2691 crs	146.73%
EPS	₹9.23	₹3.74	146.79%

Shares of Magadh Sugar & Energy Limited was last trading in BSE at Rs. 315.65 as compared to the previous close of Rs. 302.00. The total number of shares traded during the day was 13427 in over 851 trades.

The stock hit an intraday high of Rs. 320.20 and intraday low of 305.00. The net turnover during the day was Rs. 4208514.00.

Source : Equity Bulls

Keywords

MagadhSugarandEnergy Q3FY22 9MFY22 ResultUpdate