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Mahaveer Infoway - Quaterly Results

10 Aug 2023 Evaluate
An increase of about 81.79% to Rs. 15.67 millions in the topline was observed for the quarter ended June 2023. The topline stood at Rs. 8.62 millions during the similar quarter previous year.Net Profit for the quarter ended June 2023 zoomed to 410.00% from Rs. 0.20 millions to Rs. 1.02  millions.The company reported a good operating profit of 1.56 millions compared to 0.67 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 15.67 8.62 81.79 15.67 8.62 81.79 41.06 30.38 35.15
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.94 0.00 0.00
PBIDT 1.56 0.67 132.84 1.56 0.67 132.84 5.90 4.46 32.29
Interest 0.31 0.27 14.81 0.31 0.27 14.81 1.16 1.46 -20.55
PBDT 1.25 0.40 212.50 1.25 0.40 212.50 4.74 3.00 58.00
Depreciation 0.23 0.20 15.00 0.23 0.20 15.00 0.64 0.70 -8.57
PBT 1.02 0.20 410.00 1.02 0.20 410.00 4.10 2.30 78.26
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.80 0.23 247.83
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.19 -0.13 46.15
PAT 1.02 0.20 410.00 1.02 0.20 410.00 3.30 2.07 59.42
Equity 55.09 55.09 0.00 55.09 55.09 0.00 55.09 55.09 0.00
PBIDTM(%) 9.96 7.77 28.08 9.96 7.77 28.08 14.37 14.68 -2.12
Peers
Company Name CMP
TCS 2216.50
Infosys 1031.55
HCL Technologies 1196.80
Wipro 166.15
Tech Mahindra 1518.60
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