Southern Magnesium and Chemicals Ltd Q1FY25 net profit soars to Rs. 1.77 crore

SOUTHERN MAGNESIUM & CHEMICALS LTD. has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 6.0088 crores during the period ended June 30, 2024 as compared to Rs. 2.7497 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 1.7780 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 0.7637 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 5.93 for the period ended June 30, 2024 as compared to Rs. 2.55 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹ 6.0088 crs	₹2.7497 crs	118.53%
Net Profit	₹1.7780 crs	₹0.7637 crs	132.81%
EPS	₹5.93	₹2.55	132.55%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 6.0088 crores during the period ended June 30, 2024 as compared to Rs.1.4193 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.1.7780 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.0.4753 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.5.93 for the period ended June 30, 2024 as compared to Rs.1.58 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹ 6.0088 crs	₹1.4193 crs	323.36%
Net Profit	₹1.7780 crs	₹0.4753 crs	274.08%
EPS	₹5.93	₹1.58	275.32%

Shares of SOUTHERN MAGNESIUM & CHEMICALS LTD. was last trading in BSE at Rs. 264.25 as compared to the previous close of Rs. 251.70. The total number of shares traded during the day was 3588 in over 60 trades.

The stock hit an intraday high of Rs. 264.25 and intraday low of 247.00. The net turnover during the day was Rs. 933787.00.

Source : Equity Bulls

Keywords

SouthernMagnesiumandChemicals Q1FY25 FY2025 Q1FY2025 ResultUpdate