Mangalam Cement Ltd Q1 FY2024 net profit at Rs. 14.69 crore

Mangalam Cement 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. 426.2273 crores during the period ended June 30, 2023 as compared to Rs. 465.4291 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 14.6944 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 15.6127 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.34 for the period ended June 30, 2023 as compared to Rs. 5.68 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 426.2273 crs	₹465.4291 crs	-8.42%
Net Profit	₹14.6944 crs	₹15.6127 crs	-5.88%
EPS	₹5.34	₹5.68	-5.99%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 426.2273 crores during the period ended June 30, 2023 as compared to Rs.518.1686 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.14.6944 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.28.0988 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.34 for the period ended June 30, 2023 as compared to Rs.10.22 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 426.2273 crs	₹518.1686 crs	-17.74%
Net Profit	₹14.6944 crs	₹28.0988 crs	-47.70%
EPS	₹5.34	₹10.22	-47.75%

Shares of Mangalam Cement Limited was last trading in BSE at Rs. 332.95 as compared to the previous close of Rs. 341.80. The total number of shares traded during the day was 16162 in over 566 trades.

The stock hit an intraday high of Rs. 348.65 and intraday low of 327.65. The net turnover during the day was Rs. 5415174.00.

Source : Equity Bulls

Keywords

MangalamCement Q1FY24 ResultUpdate