Modison Ltd reports consolidated Q1FY24 net profit of Rs. 5.51 crore

MODISON METALS LTD. 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. 86.1484 crores during the period ended June 30, 2023 as compared to Rs. 87.6074 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.5185 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.6673 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.70 for the period ended June 30, 2023 as compared to Rs. 2.36 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 86.1484 crs	₹87.6074 crs	-1.67%
Net Profit	₹5.5185 crs	₹7.6673 crs	-28.03%
EPS	₹1.70	₹2.36	-27.97%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 86.1484 crores during the period ended June 30, 2023 as compared to Rs.90.0576 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.5185 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5.0949 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.70 for the period ended June 30, 2023 as compared to Rs.1.57 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 86.1484 crs	₹90.0576 crs	-4.34%
Net Profit	₹5.5185 crs	₹5.0949 crs	8.31%
EPS	₹1.70	₹1.57	8.28%

Shares of MODISON METALS LTD. was last trading in BSE at Rs. 91.90 as compared to the previous close of Rs. 92.39. The total number of shares traded during the day was 9846 in over 177 trades.

The stock hit an intraday high of Rs. 93.60 and intraday low of 90.80. The net turnover during the day was Rs. 911650.00.

Source : Equity Bulls

Keywords

Modison Q1FY24 ResultUpdate