Mega Nirman and Industries Ltd posts net profit of Rs. 4.39 lakhs in Q1 FY23

Mega Nirman and Industries Ltd has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1.5619 crores during the period ended June 30, 2022 as compared to Rs. 0.2065 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0439 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0953 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.13 for the period ended June 30, 2022 as compared to Rs. 0.28 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.5619 crs	₹0.2065 crs	656.37%
Net Profit	₹0.0439 crs	₹0.0953 crs	-53.93%
EPS	₹0.13	₹0.28	-53.57%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.5619 crores during the period ended June 30, 2022 as compared to Rs.0.0698 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0439 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0026 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.13 for the period ended June 30, 2022 as compared to Rs.-0.01 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.5619 crs	₹0.0698 crs	2,137.68%
Net Profit	₹0.0439 crs	₹-0.0026 crs	1,788.46%
EPS	₹0.13	₹-0.01	1,400.00%

Shares of Mega Nirman and Industries Ltd was last trading in BSE at Rs. 18.87 as compared to the previous close of Rs. 19.50. The total number of shares traded during the day was 3292 in over 39 trades.

The stock hit an intraday high of Rs. 20.42 and intraday low of 18.55. The net turnover during the day was Rs. 62969.00.

Source : Equity Bulls

Keywords

MegaNirmanandIndustries Q1FY23 ResultUpdate