Magellanic Cloud Ltd Q4 FY2024 consolidated profit jumps to Rs. 39.43 crores

Magellanic Cloud Ltd has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 152.1211 crores during the period ended March 31, 2024 as compared to Rs. 131.9333 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 39.4319 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 22.5615 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 3.37 for the period ended March 31, 2024 as compared to Rs. 1.93 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 152.1211 crs	₹131.9333 crs	15.30%
Net Profit	₹39.4319 crs	₹22.5615 crs	74.78%
EPS	₹3.37	₹1.93	74.61%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 152.1211 crores during the period ended March 31, 2024 as compared to Rs.116.9745 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.39.4319 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.18.0184 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.3.37 for the period ended March 31, 2024 as compared to Rs.1.60 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 152.1211 crs	₹116.9745 crs	30.05%
Net Profit	₹39.4319 crs	₹18.0184 crs	118.84%
EPS	₹3.37	₹1.60	110.63%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.577.8605 crores during the Financial Year ended March 31, 2024 as compared to Rs.446.5691 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.102.9545 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.74.1029 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.8.81 for the Financial Year ended March 31, 2024 as compared to Rs.662 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹577.8605 crs	₹446.5691 crs	29.40%
Net Profit	₹102.9545 crs	₹74.1029 crs	38.93%
EPS	₹8.81	₹6.62	33.08%

Shares of Magellanic Cloud Ltd was last trading in BSE at Rs. 640.05 as compared to the previous close of Rs. 630.25. The total number of shares traded during the day was 72553 in over 944 trades.

The stock hit an intraday high of Rs. 650.80 and intraday low of 603.00. The net turnover during the day was Rs. 46381601.00.

Source : Equity Bulls

Keywords

MagellanicCloud Q4FY24 FY2024 ResultUpdate