Mangal Credit and Fincorp Ltd Q1 FY2022-23 profit at Rs. 1.57 crore

MANGAL CREDIT AND FINCORP 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. 3.9321 crores during the period ended June 30, 2022 as compared to Rs. 4.0728 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.5711 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.6122 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.81 for the period ended June 30, 2022 as compared to Rs. 0.83 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 3.9321 crs	₹4.0728 crs	-3.45%
Net Profit	₹1.5711 crs	₹1.6122 crs	-2.55%
EPS	₹0.81	₹0.83	-2.41%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 3.9321 crores during the period ended June 30, 2022 as compared to Rs.3.2591 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.5711 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.5053 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.81 for the period ended June 30, 2022 as compared to Rs.0.78 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 3.9321 crs	₹3.2591 crs	20.65%
Net Profit	₹1.5711 crs	₹1.5053 crs	4.37%
EPS	₹0.81	₹0.78	3.85%

Shares of MANGAL CREDIT AND FINCORP LTD. was last trading in BSE at Rs. 125.40 as compared to the previous close of Rs. 124.65. The total number of shares traded during the day was 7182 in over 56 trades.

The stock hit an intraday high of Rs. 128.50 and intraday low of 124.10. The net turnover during the day was Rs. 908256.00.

Source : Equity Bulls

Keywords

MangalCreditandFincorp Q1FY23 ResultUpdate