Mangalore Chemicals and Fertilizers Ltd Q3 FY2023 PAT surges to Rs. 76.16 crores

Mangalore Chemicals & Fertilizers Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1180.2374 crores during the period ended December 31, 2022 as compared to Rs. 289.7791 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 76.1655 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -32.1879 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 6.42 for the period ended December 31, 2022 as compared to Rs. -2.71 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1180.2374 crs	₹289.7791 crs	307.29%
Net Profit	₹76.1655 crs	₹-32.1879 crs	336.63%
EPS	₹6.42	₹-2.71	336.90%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1180.2374 crores during the period ended December 31, 2022 as compared to Rs.766.3738 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.76.1655 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.31.0710 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.6.42 for the period ended December 31, 2022 as compared to Rs.2.62 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1180.2374 crs	₹766.3738 crs	54.00%
Net Profit	₹76.1655 crs	₹31.0710 crs	145.13%
EPS	₹6.42	₹2.62	145.04%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2497.1926 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2193.2482 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.66.7790 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.84.3749 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.63 for the 9 Months period ended December 31, 2022 as compared to Rs.7.12 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2497.1926 crs	₹2193.2482 crs	13.86%
Net Profit	₹66.7790 crs	₹84.3749 crs	-20.85%
EPS	₹5.63	₹7.12	-20.93%

Shares of Mangalore Chemicals & Fertilizers Limited was last trading in BSE at Rs. 79.65 as compared to the previous close of Rs. 78.60. The total number of shares traded during the day was 40669 in over 756 trades.

The stock hit an intraday high of Rs. 80.55 and intraday low of 77.15. The net turnover during the day was Rs. 3232764.00.

Source : Equity Bulls

Keywords

MCF Q3FY23 9MFY23 ResultUpdate MangaloreChemicalsandFertilizers