Mohit Paper Mills Ltd posts net profit of Rs. 85.45 lakhs in Q1FY23

MOHIT PAPER MILLS 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. 52.5984 crores during the period ended June 30, 2022 as compared to Rs. 43.6919 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.8545 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.0577 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.61 for the period ended June 30, 2022 as compared to Rs. 0.76 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 52.5984 crs	₹43.6919 crs	20.38%
Net Profit	₹0.8545 crs	₹1.0577 crs	-19.21%
EPS	₹0.61	₹0.76	-19.74%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 52.5984 crores during the period ended June 30, 2022 as compared to Rs.26.8780 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.8545 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.0090 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.61 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	₹ 52.5984 crs	₹26.8780 crs	95.69%
Net Profit	₹0.8545 crs	₹-0.0090 crs	9,594.44%
EPS	₹0.61	₹-0.01	6,200.00%

Shares of MOHIT PAPER MILLS LTD. was last trading in BSE at Rs. 16.40 as compared to the previous close of Rs. 16.05. The total number of shares traded during the day was 6880 in over 21 trades.

The stock hit an intraday high of Rs. 16.85 and intraday low of 15.60. The net turnover during the day was Rs. 112799.00.

Source : Equity Bulls

Keywords

MohitPaperMills Q1FY23 ResultUpdate