Stock Report

Magadh Sugar and Energy Ltd posts loss of Rs. 6.69 crores in Q2FY23



Posted On : 2022-11-08 16:56:10( TIMEZONE : IST )

Magadh Sugar and Energy Ltd posts loss of Rs. 6.69 crores in Q2FY23

Magadh Sugar & Energy Limited has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 199.8819 crores during the period ended September 30, 2022 as compared to Rs. 245.9814 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -6.6910 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0788 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -4.75 for the period ended September 30, 2022 as compared to Rs. 0.06 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 199.8819 crs ₹245.9814 crs Up Tick / Down Tick-18.74%
Net Profit ₹-6.6910 crs ₹0.0788 crs Up Tick / Down Tick-8,591.12%
EPS ₹-4.75 ₹0.06 Up Tick / Down Tick-8,016.67%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 199.8819 crores during the period ended September 30, 2022 as compared to Rs.198.4468 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-6.6910 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-3.0296 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-4.75 for the period ended September 30, 2022 as compared to Rs.-2.15 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 199.8819 crs ₹198.4468 crs Up Tick / Down Tick0.72%
Net Profit ₹-6.6910 crs ₹-3.0296 crs Up Tick / Down Tick120.85%
EPS ₹-4.75 ₹-2.15 Up Tick / Down Tick120.93%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.445.8633 crores during the 6 Months period ended September 30, 2022 as compared to Rs.451.2286 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-6.6122 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-6.98 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-4.69 for the 6 Months period ended September 30, 2022 as compared to Rs.-4.95 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹445.8633 crs ₹451.2286 crs Up Tick / Down Tick-1.19%
Net Profit ₹-6.6122 crs ₹-6.98 crs Up Tick / Down Tick5.27%
EPS ₹-4.69 ₹-4.95 Up Tick / Down Tick5.25%

Shares of Magadh Sugar & Energy Limited was last trading in BSE at Rs. 291.45 as compared to the previous close of Rs. 290.60. The total number of shares traded during the day was 2038 in over 186 trades.

The stock hit an intraday high of Rs. 298.00 and intraday low of 290.60. The net turnover during the day was Rs. 602597.00.

Source : Equity Bulls

Keywords

MagadhSugarandEnergy Q2FY23 H1FY23 ResultUpdate