Stock Report

Madhusudan Industries Ltd Q3FY24 loss at Rs. 45.38 lakhs

Posted On : 2024-01-19 14:16:55( TIMEZONE : IST )

MADHUSUDAN INDUSTRIES LTD. has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. -0.2227 crores during the period ended December 31, 2023 as compared to Rs. 2.4588 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -0.4538 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 1.6978 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.84 for the period ended December 31, 2023 as compared to Rs. 3.15 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ -0.2227 crs	₹2.4588 crs	-109.06%
Net Profit	₹-0.4538 crs	₹1.6978 crs	-126.73%
EPS	₹-0.84	₹3.15	-126.67%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. -0.2227 crores during the period ended December 31, 2023 as compared to Rs.0.0636 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-0.4538 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.0810 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.84 for the period ended December 31, 2023 as compared to Rs.-0.15 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ -0.2227 crs	₹0.0636 crs	-450.16%
Net Profit	₹-0.4538 crs	₹-0.0810 crs	460.25%
EPS	₹-0.84	₹-0.15	460.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.5.4216 crores during the 9 Months period ended December 31, 2023 as compared to Rs.-1.9227 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.3.4451 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.8186 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.6.41 for the 9 Months period ended December 31, 2023 as compared to Rs.1.52 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹5.4216 crs	₹-1.9227 crs	381.98%
Net Profit	₹3.4451 crs	₹0.8186 crs	320.85%
EPS	₹6.41	₹1.52	321.71%

Shares of MADHUSUDAN INDUSTRIES LTD. was last trading in BSE at Rs. 68.72 as compared to the previous close of Rs. 70.12. The total number of shares traded during the day was 1213 in over 27 trades.

The stock hit an intraday high of Rs. 68.75 and intraday low of 68.72. The net turnover during the day was Rs. 83360.00.