Manaksia Aluminium Company Ltd Q1 FY2023-24 net profit lower at Rs. 1.10 crore

Manaksia Aluminium Company Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 91.6667 crores during the period ended June 30, 2023 as compared to Rs. 121.1212 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.1019 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.1180 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.17 for the period ended June 30, 2023 as compared to Rs. 0.32 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 91.6667 crs	₹121.1212 crs	-24.32%
Net Profit	₹1.1019 crs	₹2.1180 crs	-47.97%
EPS	₹0.17	₹0.32	-46.88%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 91.6667 crores during the period ended June 30, 2023 as compared to Rs.110.7086 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.1019 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.4623 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.17 for the period ended June 30, 2023 as compared to Rs.0.53 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 91.6667 crs	₹110.7086 crs	-17.20%
Net Profit	₹1.1019 crs	₹3.4623 crs	-68.17%
EPS	₹0.17	₹0.53	-67.92%

Shares of Manaksia Aluminium Company Limited was last trading in BSE at Rs. 25.57 as compared to the previous close of Rs. 26.30. The total number of shares traded during the day was 24221 in over 273 trades.

The stock hit an intraday high of Rs. 26.64 and intraday low of 25.35. The net turnover during the day was Rs. 628042.00.

Source : Equity Bulls

Keywords

ManaksiaAluminiumCompany Q1FY24 ResultUpdate