Mangalam Industrial Finance Ltd Q3 FY2024 net profit at Rs. 14.235 lakhs

Mangalam Industrial Finance 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. 0.87287 crores during the period ended December 31, 2023 as compared to Rs. 0.65179 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1423 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.5910 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.001 for the period ended December 31, 2023 as compared to Rs. -0.006 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 0.87287 crs	₹0.65179 crs	33.92%
Net Profit	₹0.1423 crs	₹-0.5910 crs	124.08%
EPS	₹0.001	₹-0.006	116.67%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.87287 crores during the period ended December 31, 2023 as compared to Rs.0.3801 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.1423 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.1411 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.001 for the period ended December 31, 2023 as compared to Rs.0.001 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 0.87287 crs	₹0.3801 crs	129.64%
Net Profit	₹0.1423 crs	₹0.1411 crs	0.85%
EPS	₹0.001	₹0.001	0.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2.1176 crores during the 9 Months period ended December 31, 2023 as compared to Rs.0.9601 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.2733 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-0.1111 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.003 for the 9 Months period ended December 31, 2023 as compared to Rs.-0.001 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹2.1176 crs	₹0.9601 crs	120.56%
Net Profit	₹0.2733 crs	₹-0.1111 crs	345.99%
EPS	₹0.003	₹-0.001	400.00%

Shares of Mangalam Industrial Finance Ltd was last trading in BSE at Rs. 5.77 as compared to the previous close of Rs. 5.50. The total number of shares traded during the day was 2373394 in over 1682 trades.

The stock hit an intraday high of Rs. 5.77 and intraday low of 5.70. The net turnover during the day was Rs. 13690122.00.

Source : Equity Bulls

Keywords

MangalamIndustrialFinance Q3FY24 9MFY24 ResultUpdate