Mitsu Chem Plast Ltd's Q1FY24 PAT slides to Rs. 1.34 crore

Mitsu Chem Plast 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. 79.9907 crores during the period ended June 30, 2023 as compared to Rs. 83.1654 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.3486 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.2992 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.12 for the period ended June 30, 2023 as compared to Rs. 2.73 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 79.9907 crs	₹83.1654 crs	-3.82%
Net Profit	₹1.3486 crs	₹3.2992 crs	-59.12%
EPS	₹1.12	₹2.73	-58.97%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 79.9907 crores during the period ended June 30, 2023 as compared to Rs.84.6903 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.3486 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5.1579 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.12 for the period ended June 30, 2023 as compared to Rs.4.27 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 79.9907 crs	₹84.6903 crs	-5.55%
Net Profit	₹1.3486 crs	₹5.1579 crs	-73.85%
EPS	₹1.12	₹4.27	-73.77%

Shares of Mitsu Chem Plast Ltd was last trading in BSE at Rs. 181.45 as compared to the previous close of Rs. 183.05. The total number of shares traded during the day was 8309 in over 308 trades.

The stock hit an intraday high of Rs. 184.95 and intraday low of 181.00. The net turnover during the day was Rs. 1515835.00.

Source : Equity Bulls

Keywords

MitsuChemPlast Q1FY24 ResultUpdate