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Mahaveer Infoway - Quaterly Results

14 Feb 2024 Evaluate
The sales figure stood at Rs. 15.97 millions for the December 2023 quarter. The mentioned figure indicates a growth of about 42.46% as compared to Rs. 11.21 millions during the year-ago period.Net profit for the quarter ended December 2023 increased significantly by 89.42% to Rs. 1.97 millions from Rs. 1.04 millions.OP of the company witnessed a marginal growth to 2.51 millions from 1.56 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 15.97 11.21 42.46 48.34 27.77 74.07 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 2.51 1.56 60.90 6.35 4.03 57.57 5.90 4.46 32.29
Interest 0.32 0.30 6.67 0.95 0.85 11.76 1.16 1.46 -20.55
PBDT 2.19 1.26 73.81 5.40 3.18 69.81 4.74 3.00 58.00
Depreciation 0.22 0.22 0.00 0.67 0.80 -16.25 0.64 0.70 -8.57
PBT 1.97 1.04 89.42 4.73 2.38 98.74 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 1.97 1.04 89.42 4.73 2.38 98.74 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(%) 15.72 13.92 12.94 13.14 14.51 -9.48 14.37 14.68 -2.12
Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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