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MIC Electronics Ltd Q3 FY2024 profit drops QOQ to Rs. 2.71 crores

Posted On: 2024-02-06 16:01:11 (Time Zone: IST)


has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 18.31 crores during the period ended December 31, 2023 as compared to Rs. 7.24 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.71 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 8.30 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.12 for the period ended December 31, 2023 as compared to Rs. 0.37 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 18.31 crs ₹7.24 crs Up Tick / Down Tick152.90%
Net Profit ₹2.71 crs ₹8.30 crs Up Tick / Down Tick-67.35%
EPS ₹0.12 ₹0.37 Up Tick / Down Tick-67.57%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 18.31 crores during the period ended December 31, 2023 as compared to Rs.1.78 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.71 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.96 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.12 for the period ended December 31, 2023 as compared to Rs.-0.04 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 18.31 crs ₹1.78 crs Up Tick / Down Tick928.65%
Net Profit ₹2.71 crs ₹-0.96 crs Up Tick / Down Tick382.29%
EPS ₹0.12 ₹-0.04 Up Tick / Down Tick400.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.32.74 crores during the 9 Months period ended December 31, 2023 as compared to Rs.4.07 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.12.25 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-2.28 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.56 for the 9 Months period ended December 31, 2023 as compared to Rs.-0.10 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹32.74 crs ₹4.07 crs Up Tick / Down Tick704.42%
Net Profit ₹12.25 crs ₹-2.28 crs Up Tick / Down Tick637.28%
EPS ₹0.56 ₹-0.10 Up Tick / Down Tick660.00%


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