2025-03-12 11:58:16
Latest Post
W S Industries India Ltd's subsidiary to acquire 54.89 acres land for Rs. 46.66 crores
IKS Health wins Top Honors in 2025 Black Book Survey in New AI-Driven RCM Category
Mipco Seamless Rings Gujarat Ltd approves shifting of registered office
Crizac Limited gets Sebi Nod for Rs 1,000 cr IPO
REC Limited inaugurates REC Experience Center
Stock Report
Magna Electro Castings Ltd Q3 FY2024 net profit drops to Rs. 3.52 crore
Posted On : 2024-02-05 19:30:20( TIMEZONE : IST )
MAGNA ELECTRO CASTINGS 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. 35.4814 crores during the period ended December 31, 2023 as compared to Rs. 37.2506 crores during the period ended September 30, 2023.
The company has posted net profit / (loss) of Rs. 3.5293 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 3.7696 crores for the period ended September 30, 2023.
The company has reported EPS of Rs. 8.34 for the period ended December 31, 2023 as compared to Rs. 8.91 for the period ended September 30, 2023.
| Financials | Q3 FY2024 | Q2 FY2024 | % Change |
| Total Income | ₹ 35.4814 crs | ₹37.2506 crs |  -4.75% |
| Net Profit | ₹3.5293 crs | ₹3.7696 crs | -6.37% |
| EPS | ₹8.34 | ₹8.91 | -6.40% |
Financial Results (Q3 FY2024) - YoY Comparison
The company has reported total income of Rs. 35.4814 crores during the period ended December 31, 2023 as compared to Rs.38.9618 crores during the period ended December 31, 2022.
The company has posted net profit / (loss) of Rs.3.5293 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.3.8133 crores for the period ended December 31, 2022.
The company has reported EPS of Rs.8.34 for the period ended December 31, 2023 as compared to Rs.9.01 for the period ended December 31, 2022.
| Financials | Q3 FY2024 | Q3 FY2023 | % Change |
| Total Income | ₹ 35.4814 crs | ₹38.9618 crs | -8.93% |
| Net Profit | ₹3.5293 crs | ₹3.8133 crs | -7.45% |
| EPS | ₹8.34 | ₹9.01 | -7.44% |
Financial Results (9 Months Ended FY2024) - YoY Comparison
The company has reported total income of Rs.108.4584 crores during the 9 Months period ended December 31, 2023 as compared to Rs.130.3174 crores during the 9 Months period ended December 31, 2022.
The company has posted net profit / (loss) of Rs.11.0238 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.14.3738 crores for the 9 Months period ended December 31, 2022.
The company has reported EPS of Rs.26.05 for the 9 Months period ended December 31, 2023 as compared to Rs.33.96 for the 9 Months period ended December 31, 2022.
| Financials | 9 Months Ended FY2024 | 9 Months Ended FY2023 | % Change |
| Total Income | ₹108.4584 crs | ₹130.3174 crs | -16.77% |
| Net Profit | ₹11.0238 crs | ₹14.3738 crs | -23.31% |
| EPS | ₹26.05 | ₹33.96 | -23.29% |
Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs. 451.60 as compared to the previous close of Rs. 468.10. The total number of shares traded during the day was 13040 in over 411 trades.
The stock hit an intraday high of Rs. 470.00 and intraday low of 400.20. The net turnover during the day was Rs. 5809643.00.
