Stock Report

Mangal Credit and Fincorp Ltd Q4FY24 profit at Rs. 2.59 crore

Posted On : 2024-05-07 23:10:58( TIMEZONE : IST )

MANGAL CREDIT AND FINCORP LTD. has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 9.4326 crores during the period ended March 31, 2024 as compared to Rs. 8.6768 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 2.5932 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 2.8571 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 1.34 for the period ended March 31, 2024 as compared to Rs. 1.48 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 9.4326 crs	₹8.6768 crs	8.71%
Net Profit	₹2.5932 crs	₹2.8571 crs	-9.24%
EPS	₹1.34	₹1.48	-9.46%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 9.4326 crores during the period ended March 31, 2024 as compared to Rs.6.6395 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.2.5932 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.2.1727 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.1.34 for the period ended March 31, 2024 as compared to Rs.1.12 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 9.4326 crs	₹6.6395 crs	42.07%
Net Profit	₹2.5932 crs	₹2.1727 crs	19.35%
EPS	₹1.34	₹1.12	19.64%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.33.2749 crores during the Financial Year ended March 31, 2024 as compared to Rs.21.3998 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.10.5459 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.7.9135 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.5.45 for the Financial Year ended March 31, 2024 as compared to Rs.4.10 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹33.2749 crs	₹21.3998 crs	55.49%
Net Profit	₹10.5459 crs	₹7.9135 crs	33.26%
EPS	₹5.45	₹4.10	32.93%

Shares of MANGAL CREDIT AND FINCORP LTD. was last trading in BSE at Rs. 107.30 as compared to the previous close of Rs. 107.50. The total number of shares traded during the day was 12842 in over 61 trades.

The stock hit an intraday high of Rs. 110.00 and intraday low of 106.85. The net turnover during the day was Rs. 1388446.00.