Mishra Dhatu Nigam Limited. Q4 results show revenue rise from 240.37 to 356.67 crores, a 48.39% increase in growth. EPS also rise from ₹2.06 to ₹3.54, up by 71.84%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Mishra Dhatu Nigam Ltd. shared its Q4 results on Tuesday. They earned 356.67 crores in revenue this quarter, but that’s higher than the 240.36 crores they made last quarter. The company’s growth increased by 48.39 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 66.26 crores, up from 38.63 crores in the previous quarter. Their quarter-to-quarter growth inclined by 71.52 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹3.54, which is an increase of 71.84% from the ₹2.06 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 909.72 crores this year (2023), which is 2.12 percent higher than last year’s total revenue of 890.80 crores.
This year’s PAT (Profit After Tax) is 156.26 crores, which is also 11.53% lower than last year’s PAT of 176.62 crores.
The EPS (Earnings Per Share) for this year is ₹8.34, which is 11.56% less than the EPS of ₹9.43 earned last year.
Mishra Dhatu Nigam Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹1.67 per Equity Share of Face Value of ₹10 each of the Company (16.70% of Face Value). Total Dividend for FY23 stood at ₹3.10 per Equity Share (Interim Dividend of ₹10 per Equity Share)
|₹1.67 per Equity Share||Coming Soon|
The record date for the dividend has not arrived yet.
About Mishra Dhatu Nigam:
Mishra Dhatu Nigam Limited (MIDHANI) is a specialized facility for manufacturing metals and metal alloys in Hyderabad, Telangana, India. It operates as a Public Sector Undertaking (PSU) and falls under the administrative jurisdiction of the Department of Defence Production, Ministry of Defence, Government of India.
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