Mangalam Cement Ltd Q3FY23 profit at Rs. 52.90 lakhs

Mangalam Cement 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. 444.5918 crores during the period ended December 31, 2022 as compared to Rs. 408.3448 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.5290 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -27.1175 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.19 for the period ended December 31, 2022 as compared to Rs. -9.86 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹444.5918 crs	₹408.3448 crs	8.88%
Net Profit	₹0.5290 crs	₹-27.1175 crs	101.95%
EPS	₹0.19	₹-9.86	101.93%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.444.5918 crores during the period ended December 31, 2022 as compared to Rs.387.3483 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5290 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.14.0930 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.19 for the period ended December 31, 2022 as compared to Rs.5.12 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹444.5918 crs	₹387.3483 crs	14.78%
Net Profit	₹0.5290 crs	₹14.0930 crs	-96.25%
EPS	₹0.19	₹5.12	-96.29%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1371.1052 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1133.8065 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.5103 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.60.2272 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.55 for the 9 Months period ended December 31, 2022 as compared to Rs.21.90 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1371.1052 crs	₹1133.8065 crs	20.93%
Net Profit	₹1.5103 crs	₹60.2272 crs	-97.49%
EPS	₹0.55	₹21.90	-97.49%

Shares of Mangalam Cement Limited was last trading in BSE at Rs. 272.95 as compared to the previous close of Rs. 272.95. The total number of shares traded during the day was 1090 in over 96 trades.

The stock hit an intraday high of Rs. 274.85 and intraday low of 272.00. The net turnover during the day was Rs. 297882.00.

Source : Equity Bulls

Keywords

MangalamCement Q3FY23 9MFY23 ResultUpdate