Mahaan Foods Ltd Q3 FY23 net profit at Rs. 10.81 lakhs

MAHAAN FOODS LTD. 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. 0.2253 crores during the period ended December 31, 2022 as compared to Rs. 0.1463 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1081 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.0045 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.31 for the period ended December 31, 2022 as compared to Rs. -0.01 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.2253 crs	₹0.1463 crs	54.00%
Net Profit	₹0.1081 crs	₹-0.0045 crs	2,502.22%
EPS	₹0.31	₹-0.01	3,200.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.2253 crores during the period ended December 31, 2022 as compared to Rs.0.1535 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1081 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0780 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.31 for the period ended December 31, 2022 as compared to Rs.0.22 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.2253 crs	₹0.1535 crs	46.78%
Net Profit	₹0.1081 crs	₹0.0780 crs	38.59%
EPS	₹0.31	₹0.22	40.91%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.0.7539 crores during the 9 Months period ended December 31, 2022 as compared to Rs.0.3520 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.3794 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.1271 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.11 for the 9 Months period ended December 31, 2022 as compared to Rs.0.03 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹0.7539 crs	₹0.3520 crs	114.18%
Net Profit	₹0.3794 crs	₹0.1271 crs	198.51%
EPS	₹0.11	₹0.03	266.67%

Shares of MAHAAN FOODS LTD. was last trading in BSE at Rs. 31.50 as compared to the previous close of Rs. 31.25. The total number of shares traded during the day was 656 in over 19 trades.

The stock hit an intraday high of Rs. 31.90 and intraday low of 31.00. The net turnover during the day was Rs. 20717.00.

Source : Equity Bulls

Keywords

MahaanFoods Q3FY23 9MFY23 ResultUpdate