Manaksia Coated Metals and Industries Ltd Q1FY24 consolidated PAT declines to Rs. 12.32 lakhs

Manaksia Coated Metals & Industries Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 175.9606 crores during the period ended June 30, 2023 as compared to Rs. 187.9301 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.1232 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.7393 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.02 for the period ended June 30, 2023 as compared to Rs. 1.18 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹175.9606 crs	₹187.9301 crs	-6.37%
Net Profit	₹0.1232 crs	₹ 7.7393 crs	-98.41%
EPS	₹0.02	₹1.18	-98.31%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.175.9606 crores during the period ended June 30, 2023 as compared to Rs.141.4966 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.1232 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.6732 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.02 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹175.9606 crs	₹141.4966 crs	24.36%
Net Profit	₹0.1232 crs	₹0.6732 crs	-81.70%
EPS	₹0.02	₹0.10	-80.00%

Shares of Manaksia Coated Metals & Industries Limited was last trading in BSE at Rs. 17.37 as compared to the previous close of Rs. 17.31. The total number of shares traded during the day was 8734 in over 62 trades.

The stock hit an intraday high of Rs. 17.40 and intraday low of 17.21. The net turnover during the day was Rs. 151545.00.

Source : Equity Bulls

Keywords

ManaksiaCoatedMetalsandIndustries Q1FY24 ResultUpdate