Stock Report

Southern Magnesium and Chemicals Ltd Q3 FY24 PAT up at Rs. 1.18 crore



Posted On : 2024-02-06 16:22:46( TIMEZONE : IST )

Southern Magnesium and Chemicals Ltd Q3 FY24 PAT up at Rs. 1.18 crore

SOUTHERN MAGNESIUM & CHEMICALS 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. 2.9721 crores during the period ended December 31, 2023 as compared to Rs. 2.6697 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 1.1835 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.9067 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 3.95 for the period ended December 31, 2023 as compared to Rs. 3.02 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 2.9721 crs ₹2.6697 crs Up Tick / Down Tick11.33%
Net Profit ₹1.1835 crs ₹0.9067 crs Up Tick / Down Tick30.53%
EPS ₹3.95 ₹3.02 Up Tick / Down Tick30.79%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.9721 crores during the period ended December 31, 2023 as compared to Rs.2.8043 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.1835 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.1815 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.3.95 for the period ended December 31, 2023 as compared to Rs.3.94 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 2.9721 crs ₹2.8043 crs Up Tick / Down Tick5.98%
Net Profit ₹1.1835 crs ₹1.1815 crs Up Tick / Down Tick0.17%
EPS ₹3.95 ₹3.94 Up Tick / Down Tick0.25%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.7.0611 crores during the 9 Months period ended December 31, 2023 as compared to Rs.6.8066 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.5666 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.2.8045 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.8.56 for the 9 Months period ended December 31, 2023 as compared to Rs.9.34 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹7.0611 crs ₹6.8066 crs Up Tick / Down Tick3.74%
Net Profit ₹2.5666 crs ₹2.8045 crs Up Tick / Down Tick-8.48%
EPS ₹8.56 ₹9.34 Up Tick / Down Tick-8.35%

Shares of SOUTHERN MAGNESIUM & CHEMICALS LTD. was last trading in BSE at Rs. 251.90 as compared to the previous close of Rs. 252.20. The total number of shares traded during the day was 444 in over 31 trades.

The stock hit an intraday high of Rs. 252.20 and intraday low of 251.90. The net turnover during the day was Rs. 111869.00.

Source : Equity Bulls

Keywords

SouthernMagnesiumandChemicals Q3FY24 9MFY24 ResultUpdate