Stock Report

Southern Magnesium and Chemicals Ltd Q4FY24 net profit at Rs. 76.37 lakhs



Posted On : 2024-05-31 10:26:48( TIMEZONE : IST )

Southern Magnesium and Chemicals Ltd Q4FY24 net profit at Rs. 76.37 lakhs

SOUTHERN MAGNESIUM & CHEMICALS 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. 2.7497 crores during the period ended March 31, 2024 as compared to Rs. 2.9721 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 0.7637 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 1.1835 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 2.55 for the period ended March 31, 2024 as compared to Rs. 3.95 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 2.7497 crs ₹2.9721 crs Up Tick / Down Tick-7.48%
Net Profit ₹0.7637 crs ₹1.1835 crs Up Tick / Down Tick-35.47%
EPS ₹2.55 ₹3.95 Up Tick / Down Tick-35.44%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.7497 crores during the period ended March 31, 2024 as compared to Rs.1.8505 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.0.7637 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.0.7254 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.2.55 for the period ended March 31, 2024 as compared to Rs.4.42 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 2.7497 crs ₹1.8505 crs Up Tick / Down Tick48.59%
Net Profit ₹0.7637 crs ₹0.7254 crs Up Tick / Down Tick5.28%
EPS ₹2.55 ₹4.42 Up Tick / Down Tick-42.31%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.9.8109 crores during the Financial Year ended March 31, 2024 as compared to Rs.8.6571 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.3.3304 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.3.5299 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.11.10 for the Financial Year ended March 31, 2024 as compared to Rs.11.77 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹9.8109 crs ₹8.6571 crs Up Tick / Down Tick13.33%
Net Profit ₹3.3304 crs ₹3.5299 crs Up Tick / Down Tick-5.65%
EPS ₹11.10 ₹11.77 Up Tick / Down Tick-5.69%

Shares of SOUTHERN MAGNESIUM & CHEMICALS LTD. was last trading in BSE at Rs. 235.70 as compared to the previous close of Rs. 248.10. The total number of shares traded during the day was 11900 in over 62 trades.

The stock hit an intraday high of Rs. 235.70 and intraday low of 235.70. The net turnover during the day was Rs. 2804830.00.

Source : Equity Bulls

Keywords

SouthernMagnesiumandChemicals Q4FY24 FY2024 ResultUpdate