Magadh Sugar & Energy Ltd Q4 FY2024 net profit increases to Rs. 46.87 crores

Magadh Sugar & Energy Limited 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. 288.4780 crores during the period ended March 31, 2024 as compared to Rs. 219.2119 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 46.8798 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 38.9089 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 33.27 for the period ended March 31, 2024 as compared to Rs. 27.61 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹288.4780 crs	₹219.2119 crs	31.60%
Net Profit	₹46.8798 crs	₹38.9089 crs	20.49%
EPS	₹33.27	₹27.61	20.50%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs.288.4780 crores during the period ended March 31, 2024 as compared to Rs.299.3827 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.46.8798 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.35.0510 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.33.27 for the period ended March 31, 2024 as compared to Rs.24.88 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹288.4780 crs	₹299.3827 crs	-3.64%
Net Profit	₹46.8798 crs	₹35.0510 crs	33.75%
EPS	₹33.27	₹24.88	33.72%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1098.1504 crores during the Financial Year ended March 31, 2024 as compared to Rs.955.2234 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.116.4096 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.50.2615 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.82.61 for the Financial Year ended March 31, 2024 as compared to Rs.35.67 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹1098.1504 crs	₹955.2234 crs	14.96%
Net Profit	₹116.4096 crs	₹50.2615 crs	131.61%
EPS	₹82.61	₹35.67	131.60%

Shares of Magadh Sugar & Energy Limited was last trading in BSE at Rs. 707.95 as compared to the previous close of Rs. 698.70. The total number of shares traded during the day was 6911 in over 664 trades.

The stock hit an intraday high of Rs. 715.50 and intraday low of 700.00. The net turnover during the day was Rs. 4891655.00.

Source : Equity Bulls

Keywords

MagadhSugarandEnergy Q4FY24 FY2024 ResultUpdate