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Mysore Paper Mills reports Profit after tax of Rs -73.98 Mln, in the December 2023 quarter

31 Dec 2023 Evaluate
The total revenue for the December 2023 quarter zoomed 152.27% to Rs. 171.09 millions as compared to Rs. 67.82 millions during the year-ago period.The Net Loss for the quarter ended December 2023 is Rs. -73.98 millions as compared to Net Loss of Rs. -203.04 millions of corresponding quarter ended December 2022The company reported a good operating profit of 141.04 millions compared to 41.12 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202003 201903 % Var
Sales 171.09 67.82 152.27 876.15 609.77 43.69 175.40 152.90 14.72
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 141.04 41.12 243.00 363.64 -50.14 -825.25 -60.90 -147.10 -58.60
Interest 214.85 217.46 -1.20 2989.51 3191.55 -6.33 833.00 762.60 9.23
PBDT -73.81 -176.34 -58.14 -838.65 -1454.47 -42.34 -893.90 -909.70 -1.74
Depreciation 0.17 26.70 -99.36 293.29 395.40 -25.82 102.30 106.40 -3.85
PBT -73.98 -203.04 -63.56 -1131.94 -1849.87 -38.81 -996.20 -1016.10 -1.96
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -73.98 -203.04 -63.56 -1131.94 -1849.87 -38.81 -996.20 -1016.10 -1.96
Equity 1188.93 1188.93 0.00 1188.93 1188.93 0.00 1188.93 1188.93 0.00
PBIDTM(%) 82.44 60.63 35.96 41.50 -8.22 -604.75 -34.72 -96.21 -63.91
Peers
Company Name CMP
JK Paper 375.20
TN Newsprints 140.05
West Coast Paper 492.00
Emami Paper Mills 75.24
Seshasayee Paper 270.95
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