Mangalam Cement's Q1FY23 profit up QoQ at Rs. 28.09 crores

Mangalam Cement Limited 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. 518.1686 crores during the period ended June 30, 2022 as compared to Rs. 459.6174 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 28.0988 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 17.4783 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 10.22 for the period ended June 30, 2022 as compared to Rs. 6.36 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 518.1686 crs	₹459.6174 crs	12.74%
Net Profit	₹28.0988 crs	₹17.4783 crs	60.76%
EPS	₹10.22	₹6.36	60.69%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 518.1686 crores during the period ended June 30, 2022 as compared to Rs.362.5064 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.28.0988 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.35.0676 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.10.22 for the period ended June 30, 2022 as compared to Rs.12.75 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 518.1686 crs	₹362.5064 crs	42.94%
Net Profit	₹28.0988 crs	₹35.0676 crs	-19.87%
EPS	₹10.22	₹12.75	-19.84%

Shares of Mangalam Cement Limited was last trading in BSE at Rs. 312.00 as compared to the previous close of Rs. 308.60. The total number of shares traded during the day was 2109 in over 201 trades.

The stock hit an intraday high of Rs. 315.00 and intraday low of 301.00. The net turnover during the day was Rs. 652918.00.

Source : Equity Bulls

Keywords

MangalamCement Q1FY23 ResultUpdate