Stock Report

Southern Magnesium and Chemicals Ltd Q4 FY2023 PAT slips QoQ to Rs. 72.54 lakhs



Posted On : 2023-05-26 22:54:38( TIMEZONE : IST )

Southern Magnesium and Chemicals Ltd Q4 FY2023 PAT slips QoQ to Rs. 72.54 lakhs

SOUTHERN MAGNESIUM & CHEMICALS LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1.8505 crores during the period ended March 31, 2023 as compared to Rs. 2.8043 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.7254 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 1.1815 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.42 for the period ended March 31, 2023 as compared to Rs. 3.94 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹1.8505 crs ₹2.8043 crs Up Tick / Down Tick-34.01%
Net Profit ₹0.7254 crs ₹1.1815 crs Up Tick / Down Tick-38.60%
EPS ₹2.42 ₹3.94 Up Tick / Down Tick-38.58%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1.8505 crores during the period ended March 31, 2023 as compared to Rs.0.1705 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.7254 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-0.2103 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.42 for the period ended March 31, 2023 as compared to Rs.-0.70 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹1.8505 crs ₹0.1705 crs Up Tick / Down Tick985.34%
Net Profit ₹0.7254 crs ₹-0.2103 crs Up Tick / Down Tick444.94%
EPS ₹2.42 ₹-0.70 Up Tick / Down Tick445.71%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.8.6571 crores during the Financial Year ended March 31, 2023 as compared to Rs.2.3779 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.3.5298 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.0.4004 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.11.77 for the Financial Year ended March 31, 2023 as compared to Rs.1.33 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹8.6571 crs ₹2.3779 crs Up Tick / Down Tick264.06%
Net Profit ₹3.5298 crs ₹0.4004 crs Up Tick / Down Tick781.57%
EPS ₹11.77 ₹1.33 Up Tick / Down Tick784.96%

Shares of SOUTHERN MAGNESIUM & CHEMICALS LTD. was last trading in BSE at Rs. 69.70 as compared to the previous close of Rs. 66.68. The total number of shares traded during the day was 2403 in over 64 trades.

The stock hit an intraday high of Rs. 70.01 and intraday low of 66.15. The net turnover during the day was Rs. 166941.00.

Source : Equity Bulls

Keywords

SouthernMagnesiumandChemicals Q4FY23 FY2023 ResultUpdate