Mystic Electronics Ltd Q1 FY2023-24 net profit at Rs. 2.83 lakhs

Mystic Electronics Ltd 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. 0.1118 crores during the period ended June 30, 2023 as compared to Rs. 3.9302 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0283 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.4882 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.014 for the period ended June 30, 2023 as compared to Rs. -0.247 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.1118 crs	₹3.9302 crs	-97.16%
Net Profit	₹0.0283 crs	₹-0.4882 crs	105.80%
EPS	₹0.014	₹-0.247	105.67%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.1118 crores during the period ended June 30, 2023 as compared to Rs.0.0562 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0283 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0178 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.014 for the period ended June 30, 2023 as compared to Rs.0.009 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.1118 crs	₹0.0562 crs	98.93%
Net Profit	₹0.0283 crs	₹0.0178 crs	58.99%
EPS	₹0.014	₹0.009	55.56%

Shares of Mystic Electronics Ltd was last trading in BSE at Rs. 2.76 as compared to the previous close of Rs. 2.90. The total number of shares traded during the day was 8519 in over 41 trades.

The stock hit an intraday high of Rs. 2.76 and intraday low of 2.76. The net turnover during the day was Rs. 23512.00.

Source : Equity Bulls

Keywords

MysticElectronics Q1FY24 ResultUpdate