Mafatlal Industries Ltd Q1 FY2024 consolidated PAT surges to Rs. 27.48 crores

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. 608.13 crores during the period ended June 30, 2023 as compared to Rs. 351.43 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 27.48 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 11.76 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.87 for the period ended June 30, 2023 as compared to Rs. 1.65 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 608.13 crs	₹351.43 crs	73.04%
Net Profit	₹27.48 crs	₹11.76 crs	133.67%
EPS	₹3.87	₹1.65	134.55%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 608.13 crores during the period ended June 30, 2023 as compared to Rs.400.38 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.27.48 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.15.87 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.87 for the period ended June 30, 2023 as compared to Rs.2.23 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 608.13 crs	₹400.38 crs	51.89%
Net Profit	₹27.48 crs	₹15.87 crs	73.16%
EPS	₹3.87	₹2.23	73.54%

Source : Equity Bulls

Keywords

MafatlalIndustries Q1FY24 ResultUpdate