Mangalam Organics Ltd sinks to consolidated loss of Rs. 6.89 crores in Q1FY23

Mangalam Organics Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 104.6647 crores during the period ended June 30, 2022 as compared to Rs. 124.6429 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -6.8902 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.2552 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -8.05 for the period ended June 30, 2022 as compared to Rs. 1.47 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 104.6647 crs	₹124.6429 crs	-16.03%
Net Profit	₹-6.8902 crs	₹1.2552 crs	-648.93%
EPS	₹-8.05	₹1.47	-647.62%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 104.6647 crores during the period ended June 30, 2022 as compared to Rs.105.9469 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-6.8902 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.14.9894 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-8.05 for the period ended June 30, 2022 as compared to Rs.17.50 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 104.6647 crs	₹105.9469 crs	-1.21%
Net Profit	₹-6.8902 crs	₹14.9894 crs	-145.97%
EPS	₹-8.05	₹17.50	-146.00%

Shares of Mangalam Organics Limited was last trading in BSE at Rs. 628.95 as compared to the previous close of Rs. 637.90. The total number of shares traded during the day was 1912 in over 238 trades.

The stock hit an intraday high of Rs. 638.20 and intraday low of 623.00. The net turnover during the day was Rs. 1214292.00.

Source : Equity Bulls

Keywords

MangalamOrganics Q1FY23 ResultUpdate