Margo Finance Ltd Q1 FY2023 loss at Rs. 8.64 lakhs

Margo Finance 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. 0.0326 crores during the period ended June 30, 2022 as compared to Rs. 0.1039 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.0864 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.4932 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.19 for the period ended June 30, 2022 as compared to Rs. -1.08 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹0.0326 crs	₹0.1039 crs	-68.62%
Net Profit	₹-0.0864 crs	₹-0.4932 crs	82.48%
EPS	₹-0.19	₹-1.08	82.41%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.0.0326 crores during the period ended June 30, 2022 as compared to Rs.0.0781 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.0864 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0707 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.19 for the period ended June 30, 2022 as compared to Rs.-0.15 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹0.0326 crs	₹0.0781 crs	-58.26%
Net Profit	₹-0.0864 crs	₹-0.0707 crs	22.21%
EPS	₹-0.19	₹-0.15	26.67%

Shares of Margo Finance Limited was last trading in BSE at Rs. 27.00 as compared to the previous close of Rs. 26.85. The total number of shares traded during the day was 357 in over 8 trades.

The stock hit an intraday high of Rs. 27.00 and intraday low of 26.05. The net turnover during the day was Rs. 9634.00.

Source : Equity Bulls

Keywords

MargoFinance Q1FY23 ResultUpdate