Stock Report

Maral Overseas Ltd Q2 FY24 loss at Rs. 2.29 crore



Posted On : 2023-11-01 21:19:08( TIMEZONE : IST )

Maral Overseas Ltd Q2 FY24 loss at Rs. 2.29 crore

Maral Overseas Limited 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. 248.79 crores during the period ended September 30, 2023 as compared to Rs. 231 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -2.29 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -14.42 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.55 for the period ended September 30, 2023 as compared to Rs. -3.47 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 248.79 crs ₹231 crs Up Tick / Down Tick7.70%
Net Profit ₹-2.29 crs ₹-14.42 crs Up Tick / Down Tick84.12%
EPS ₹-0.55 ₹-3.47 Up Tick / Down Tick84.15%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 248.79 crores during the period ended September 30, 2023 as compared to Rs.262.14 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-2.29 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-10.82 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.55 for the period ended September 30, 2023 as compared to Rs.-2.61 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 248.79 crs ₹262.14 crs Up Tick / Down Tick-5.09%
Net Profit ₹-2.29 crs ₹-10.82 crs Up Tick / Down Tick78.84%
EPS ₹-0.55 ₹-2.61 Up Tick / Down Tick78.93%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.479.79 crores during the 6 Months period ended September 30, 2023 as compared to Rs.526.22 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-16.71 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-8.82 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-4.03 for the 6 Months period ended September 30, 2023 as compared to Rs.-2.13 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹479.79 crs ₹526.22 crs Up Tick / Down Tick-8.82%
Net Profit ₹-16.71 crs ₹-8.82 crs Up Tick / Down Tick89.46%
EPS ₹-4.03 ₹-2.13 Up Tick / Down Tick89.20%

Shares of Maral Overseas Limited was last trading in BSE at Rs. 69.40 as compared to the previous close of Rs. 64.89. The total number of shares traded during the day was 8015 in over 200 trades.

The stock hit an intraday high of Rs. 72.00 and intraday low of 65.73. The net turnover during the day was Rs. 563925.00.

Source : Equity Bulls

Keywords

MaralOverseas Q2FY24 H1FY24 ResultUpdate