Stock Report

MTAR Technologies Ltd reports rise in consolidated Q3FY23 PAT to Rs. 31.44 crores



Posted On : 2023-02-10 00:24:04( TIMEZONE : IST )

MTAR Technologies Ltd reports rise in consolidated Q3FY23 PAT to Rs. 31.44 crores

Mtar Technologies Limited 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. 165.919 crores during the period ended December 31, 2022 as compared to Rs. 131.551 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 31.449 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 24.685 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 10.22 for the period ended December 31, 2022 as compared to Rs. 8.03 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹165.919 crs ₹131.551 crs Up Tick / Down Tick26.13%
Net Profit ₹31.449 crs ₹24.685 crs Up Tick / Down Tick27.40%
EPS ₹10.22 ₹8.03 Up Tick / Down Tick27.27%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.165.919 crores during the period ended December 31, 2022 as compared to Rs.79.241 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.31.449 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.13.309 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.10.22 for the period ended December 31, 2022 as compared to Rs.4.32 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹165.919 crs ₹79.241 crs Up Tick / Down Tick109.39%
Net Profit ₹31.449 crs ₹13.309 crs Up Tick / Down Tick136.30%
EPS ₹10.22 ₹4.32 Up Tick / Down Tick136.57%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.392.282 crores during the 9 Months period ended December 31, 2022 as compared to Rs.229.738 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.72.350 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.41.071 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.23.52 for the 9 Months period ended December 31, 2022 as compared to Rs.13.35 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹392.282 crs ₹229.738 crs Up Tick / Down Tick70.75%
Net Profit ₹72.350 crs ₹41.071 crs Up Tick / Down Tick76.16%
EPS ₹23.52 ₹13.35 Up Tick / Down Tick76.18%

Shares of Mtar Technologies Limited was last trading in BSE at Rs. 1705.95 as compared to the previous close of Rs. 1714.00. The total number of shares traded during the day was 8529 in over 1433 trades.

The stock hit an intraday high of Rs. 1729.95 and intraday low of 1695.00. The net turnover during the day was Rs. 14558127.00.

Source : Equity Bulls

Keywords

MTARTechnologies Q3FY23 9MFY23 ResultUpdate