Stock Report

MTAR Technologies Ltd reports consolidated net profit of Rs. 24.68 crores in Q2 FY2023



Posted On : 2022-11-02 20:41:42( TIMEZONE : IST )

MTAR Technologies Ltd reports consolidated net profit of Rs. 24.68 crores in Q2 FY2023

Mtar Technologies Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 131.551 crores during the period ended September 30, 2022 as compared to Rs. 94.812 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 24.685 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 16.216 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 8.03 for the period ended September 30, 2022 as compared to Rs. 5.27 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 131.551 crs ₹94.812 crs Up Tick / Down Tick38.75%
Net Profit ₹24.685 crs ₹16.216 crs Up Tick / Down Tick52.23%
EPS ₹8.03 ₹5.27 Up Tick / Down Tick52.37%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 131.551 crores during the period ended September 30, 2022 as compared to Rs.93.871 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.24.685 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.19.054 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.8.03 for the period ended September 30, 2022 as compared to Rs.6.20 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 131.551 crs ₹93.871 crs Up Tick / Down Tick40.14%
Net Profit ₹24.685 crs ₹19.054 crs Up Tick / Down Tick29.55%
EPS ₹8.03 ₹6.20 Up Tick / Down Tick29.52%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.226.363 crores during the 6 Months period ended September 30, 2022 as compared to Rs.150.497 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.40.901 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.27.762 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.13.30 for the 6 Months period ended September 30, 2022 as compared to Rs.9.03 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹226.363 crs ₹150.497 crs Up Tick / Down Tick50.41%
Net Profit ₹40.901 crs ₹27.762 crs Up Tick / Down Tick47.33%
EPS ₹13.30 ₹9.03 Up Tick / Down Tick47.29%

Shares of Mtar Technologies Limited was last trading in BSE at Rs. 1635.65 as compared to the previous close of Rs. 1615.65. The total number of shares traded during the day was 9841 in over 1298 trades.

The stock hit an intraday high of Rs. 1644.05 and intraday low of 1614.60. The net turnover during the day was Rs. 16034580.00.

Source : Equity Bulls

Keywords

MTARTechnologies Q2FY23 H1FY23 ResultUpdate