Mohan Meakin Limited has announced its quarterly results for Q3FY23 and nine months ended December 31, 2022. As per the financial results, in Q3FY23, the total revenue of the Company increased 115% to Rs. 659 crore as against Rs. 306 crore in the previous quarter. For nine months ended December 31, 2022, the total revenue increased 39% to Rs. 1312 crore as against Rs. 939 crore for the same period previous financial year.
During Q3FY23, the Company reported a massive increase in its total expenses to Rs. 620 crore as against Rs. 291 crore in the previous quarter, up by 113%. For nine months ended December 31, 2022, the total expenses of the Company increased 40% to Rs. 1250 crore as against Rs. 890 crore for the same period previous financial year.
In Q3FY23, the Profit Before Tax of the Company increased 111% to Rs. 38 crore as against Rs. 18 crore in the previous quarter. For nine months ended December 31, 2022, the Profit Before Tax of the Company increased 30% to Rs. 64 crore as against Rs. 49 crore for the same period previous financial year.
For Q3FY23, the Profit After Tax of the Company increased 107% to Rs. 29 crore as against Rs. 14 crore in the previous quarter. For nine months ended December 31, 2022, the Profit After Tax of the Company increased 33% to Rs. 48 crore as against Rs. 36 crore for the same period previous financial year.
For Q3FY23, the EPS (basic and diluted) stood at Rs. 34.10 as against Rs. 16.49 during previous quarter. For nine months ended December 31, 2022, the EPS (basic and diluted) stood at Rs. 56.59 as against Rs. 43.33 for the same period previous financial year.
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