Stock Report

MSTC Ltd posts consolidated Q2 FY24 PAT of Rs. 55.33 crores



Posted On : 2023-11-05 15:09:43( TIMEZONE : IST )

MSTC Ltd posts consolidated Q2 FY24 PAT of Rs. 55.33 crores

Mstc Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 211.2388 crores during the period ended September 30, 2023 as compared to Rs. 268.9024 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 55.3374 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 63.6720 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 7.86 for the period ended September 30, 2023 as compared to Rs. 9.04 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 211.2388 crs ₹268.9024 crs Up Tick / Down Tick-21.44%
Net Profit ₹55.3374 crs ₹63.6720 crs Up Tick / Down Tick-13.09%
EPS ₹7.86 ₹9.04 Up Tick / Down Tick-13.05%

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 211.2388 crores during the period ended September 30, 2023 as compared to Rs.199.7562 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.55.3374 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.50.6084 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.7.86 for the period ended September 30, 2023 as compared to Rs.7.19 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 211.2388 crs ₹199.7562 crs Up Tick / Down Tick5.75%
Net Profit ₹55.3374 crs ₹50.6084 crs Up Tick / Down Tick9.34%
EPS ₹7.86 ₹7.19 Up Tick / Down Tick9.32%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.410.9950 crores during the 6 Months period ended September 30, 2023 as compared to Rs.463.7207 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.105.9458 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.117.9651 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.15.05 for the 6 Months period ended September 30, 2023 as compared to Rs.16.76 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹410.9950 crs ₹463.7207 crs Up Tick / Down Tick-11.37%
Net Profit ₹105.9458 crs ₹117.9651 crs Up Tick / Down Tick-10.19%
EPS ₹15.05 ₹16.76 Up Tick / Down Tick-10.20%

Shares of Mstc Limited was last trading in BSE at Rs. 443.10 as compared to the previous close of Rs. 444.40. The total number of shares traded during the day was 14505 in over 669 trades.

The stock hit an intraday high of Rs. 456.95 and intraday low of 441.00. The net turnover during the day was Rs. 6453203.00.

Source : Equity Bulls

Keywords

MSTC Q2FY24 H1FY24 ResultUpdate