Mid India Industries Ltd Q1FY23 profit soars to Rs. 31.95 lakhs

MID INDIA 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. 5.6318 crores during the period ended June 30, 2022 as compared to Rs. 9.5502 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.3195 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.1983 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.20 for the period ended June 30, 2022 as compared to Rs. 0.12 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 5.6318 crs	₹9.5502 crs	-41.03%
Net Profit	₹0.3195 crs	₹0.1983 crs	61.12%
EPS	₹0.20	₹0.12	66.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 5.6318 crores during the period ended June 30, 2022 as compared to Rs.1.9651 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.3195 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0037 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.20 for the period ended June 30, 2022 as compared to Rs.-0.0022 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 5.6318 crs	₹1.9651 crs	186.59%
Net Profit	₹0.3195 crs	₹-0.0037 crs	8,735.14%
EPS	₹0.20	₹-0.0022	9,190.91%

Shares of MID INDIA INDUSTRIES LTD. was last trading in BSE at Rs. 20.30 as compared to the previous close of Rs. 21.05. The total number of shares traded during the day was 4642 in over 71 trades.

The stock hit an intraday high of Rs. 21.45 and intraday low of 20.00. The net turnover during the day was Rs. 94567.00.

Source : Equity Bulls

Keywords

MidIndiaIndustries Q1FY23 ResultUpdate