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Stock Report
Morgan Ventures Ltd Q2 FY24 net profit at Rs. 1.97 crore
Posted On : 2023-11-15 16:33:58( TIMEZONE : IST )
MORGAN VENTURES 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. 3.9381 crores during the period ended September 30, 2023 as compared to Rs. 3.5969 crores during the period ended June 30, 2023.
The company has posted net profit / (loss) of Rs. 1.9786 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.3209 crores for the period ended June 30, 2023.
The company has reported EPS of Rs. 2 for the period ended September 30, 2023 as compared to Rs. 1.33 for the period ended June 30, 2023.
| Financials | Q2 FY2024 | Q1 FY2024 | % Change |
| Total Income | ₹ 3.9381 crs | ₹3.5969 crs |  9.49% |
| Net Profit | ₹1.9786 crs | ₹1.3209 crs | 49.79% |
| EPS | ₹2 | ₹1.33 | 50.38% |
Financial Results (Q2 FY2024) - YoY Comparison
The company has reported total income of Rs. 3.9381 crores during the period ended September 30, 2023 as compared to Rs.7.0437 crores during the period ended September 30, 2022.
The company has posted net profit / (loss) of Rs.1.9786 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.5.8661 crores for the period ended September 30, 2022.
The company has reported EPS of Rs.2 for the period ended September 30, 2023 as compared to Rs.5.93 for the period ended September 30, 2022.
| Financials | Q2 FY2024 | Q2 FY2023 | % Change |
| Total Income | ₹ 3.9381 crs | ₹7.0437 crs |  -44.09% |
| Net Profit | ₹1.9786 crs | ₹5.8661 crs | -66.27% |
| EPS | ₹2 | ₹5.93 | -66.27% |
Financial Results (Half Year Ended FY2024) - YoY Comparison
The company has reported total income of Rs.7.5350 crores during the 6 Months period ended September 30, 2023 as compared to Rs.16.0467 crores during the 6 Months period ended September 30, 2022.
The company has posted net profit / (loss) of Rs.3.2995 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.11.9363 crores for the 6 Months period ended September 30, 2022.
The company has reported EPS of Rs.3.33 for the 6 Months period ended September 30, 2023 as compared to Rs.12.06 for the 6 Months period ended September 30, 2022.
| Financials | Half Year Ended FY2024 | Half Year Ended FY2023 | % Change |
| Total Income | ₹7.5350 crs | ₹16.0467 crs | -53.04% |
| Net Profit | ₹3.2995 crs | ₹11.9363 crs | -72.36% |
| EPS | ₹3.33 | ₹12.06 | -72.39% |
Shares of MORGAN VENTURES LTD. was last trading in BSE at Rs. 39.69 as compared to the previous close of Rs. 41.13. The total number of shares traded during the day was 3225 in over 46 trades.
The stock hit an intraday high of Rs. 42.99 and intraday low of 37.17. The net turnover during the day was Rs. 126137.00.
