Mangalam Seeds Ltd Q3 FY2023 consolidated profit increases to Rs. 3.20 crore

Mangalam Seeds Ltd has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 21.0781 crores during the period ended December 31, 2022 as compared to Rs. 12.4250 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.2024 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.6114 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.85 for the period ended December 31, 2022 as compared to Rs. 1.47 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹21.0781 crs	₹12.4250 crs	69.64%
Net Profit	₹3.2024 crs	₹1.6114 crs	98.73%
EPS	₹2.85	₹1.47	93.88%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.21.0781 crores during the period ended December 31, 2022 as compared to Rs.13.4140 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.2024 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.7556 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.85 for the period ended December 31, 2022 as compared to Rs.1.60 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹21.0781 crs	₹13.4140 crs	57.14%
Net Profit	₹3.2024 crs	₹1.7556 crs	82.41%
EPS	₹2.85	₹1.60	78.13%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.49.6269 crores during the 9 Months period ended December 31, 2022 as compared to Rs.34.4462 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.6.6729 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.4.1513 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.6.01 for the 9 Months period ended December 31, 2022 as compared to Rs.3.78 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹49.6269 crs	₹34.4462 crs	44.07%
Net Profit	₹6.6729 crs	₹4.1513 crs	60.74%
EPS	₹6.01	₹3.78	58.99%

Shares of Mangalam Seeds Ltd was last trading in BSE at Rs. 252.75 as compared to the previous close of Rs. 266.05. The total number of shares traded during the day was 844 in over 84 trades.

The stock hit an intraday high of Rs. 252.75 and intraday low of 252.75. The net turnover during the day was Rs. 213321.00.

Source : Equity Bulls

Keywords

MangalamSeeds Q3FY23 9MFY23 ResultUpdate