Morganite Crucible India Ltd Q1 FY2023-24 net profit jumps to Rs. 7.80 crores

MORGANITE CRUCIBLE (INDIA) 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. 43.8338 crores during the period ended June 30, 2023 as compared to Rs. 35.6149 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 7.8039 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.9861 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.94 for the period ended June 30, 2023 as compared to Rs. 3.55 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 43.8338 crs	₹35.6149 crs	23.08%
Net Profit	₹7.8039 crs	₹1.9861 crs	292.93%
EPS	₹13.94	₹3.55	292.68%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 43.8338 crores during the period ended June 30, 2023 as compared to Rs.41.4193 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.7.8039 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.3289 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.94 for the period ended June 30, 2023 as compared to Rs.7.73 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 43.8338 crs	₹41.4193 crs	5.83%
Net Profit	₹7.8039 crs	₹4.3289 crs	80.27%
EPS	₹13.94	₹7.73	80.34%

Shares of MORGANITE CRUCIBLE (INDIA) LTD. was last trading in BSE at Rs. 1058.85 as compared to the previous close of Rs. 1067.50. The total number of shares traded during the day was 2000 in over 101 trades.

The stock hit an intraday high of Rs. 1080.00 and intraday low of 1035.00. The net turnover during the day was Rs. 2120646.00.

Source : Equity Bulls

Keywords

MorganiteCrucibleIndia Q1FY24 ResultUpdate