Man Infraconstruction Ltd posts consolidated PAT of Rs. 83.03 crores in Q3 FY2024

Man Infraconstruction Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 261.3441 crores during the period ended December 31, 2023 as compared to Rs. 242.8524 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 83.0306 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 69.6530 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.23 for the period ended December 31, 2023 as compared to Rs. 1.88 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 261.3441 crs	₹242.8524 crs	7.61%
Net Profit	₹83.0306 crs	₹69.6530 crs	19.21%
EPS	₹2.23	₹1.88	18.62%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 261.3441 crores during the period ended December 31, 2023 as compared to Rs.471.7766 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.83.0306 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.84.7741 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.23 for the period ended December 31, 2023 as compared to Rs.2.28 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 261.3441 crs	₹471.7766 crs	-44.60%
Net Profit	₹83.0306 crs	₹84.7741 crs	-2.06%
EPS	₹2.23	₹2.28	-2.19%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1027.9599 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1245.7197 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.235.1236 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.176.9962 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.6.33 for the 9 Months period ended December 31, 2023 as compared to Rs.4.76 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1027.9599 crs	₹1245.7197 crs	-17.48%
Net Profit	₹235.1236 crs	₹176.9962 crs	32.84%
EPS	₹6.33	₹4.76	32.98%

Shares of Man Infraconstruction Limited was last trading in BSE at Rs. 232.60 as compared to the previous close of Rs. 235.10. The total number of shares traded during the day was 173984 in over 3626 trades.

The stock hit an intraday high of Rs. 249.40 and intraday low of 227.05. The net turnover during the day was Rs. 41657947.00.

Source : Equity Bulls

Keywords

ManInfraconstruction Q3FY24 9MFY24 ResultUpdate