Stock Report

Metal Coatings India Ltd Q2 FY24 net profit up at Rs. 54.31 lakhs



Posted On : 2023-10-31 23:14:45( TIMEZONE : IST )

Metal Coatings India Ltd Q2 FY24 net profit up at Rs. 54.31 lakhs

METAL COATINGS (INDIA) LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 43.2107 crores during the period ended September 30, 2023 as compared to Rs. 39.3687 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.5431 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.5096 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.74 for the period ended September 30, 2023 as compared to Rs. 0.70 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 43.2107 crs ₹39.3687 crs Up Tick / Down Tick9.76%
Net Profit ₹0.5431 crs ₹0.5096 crs Up Tick / Down Tick6.57%
EPS ₹0.74 ₹0.70 Up Tick / Down Tick5.71%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 43.2107 crores during the period ended September 30, 2023 as compared to Rs.39.5516 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.5431 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.3287 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.74 for the period ended September 30, 2023 as compared to Rs.0.45 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 43.2107 crs ₹39.5516 crs Up Tick / Down Tick9.25%
Net Profit ₹0.5431 crs ₹0.3287 crs Up Tick / Down Tick65.23%
EPS ₹0.74 ₹0.45 Up Tick / Down Tick64.44%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.82.5794 crores during the 6 Months period ended September 30, 2023 as compared to Rs.89.4486 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.0527 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.1372 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.44 for the 6 Months period ended September 30, 2023 as compared to Rs.1.55 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹82.5794 crs ₹89.4486 crs Up Tick / Down Tick-7.68%
Net Profit ₹1.0527 crs ₹1.1372 crs Up Tick / Down Tick-7.43%
EPS ₹1.44 ₹1.55 Up Tick / Down Tick-7.10%

Shares of METAL COATINGS (INDIA) LTD. was last trading in BSE at Rs. 83.98 as compared to the previous close of Rs. 82.99. The total number of shares traded during the day was 3363 in over 23 trades.

The stock hit an intraday high of Rs. 87.99 and intraday low of 83.02. The net turnover during the day was Rs. 285131.00.

Source : Equity Bulls

Keywords

MetalCoatingsIndia Q2FY24 H1FY24 ResultUpdate