Mishtann Foods Q1FY24 Results:
Mishtann Foods Q1 results show revenue up from 168.93 crores to 293.95 crores, a 74.01% increase in growth. EPS rise from ₹0.14 to ₹0.69, up by 392.86%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Mishtann Foods shared its Q1 results on Tuesday. They earned 293.95 crores in revenue this quarter, but that’s more than the 168.93 crores they made last quarter. The company’s growth increased by 74.01 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 68.91 crores, up from 14.13 crores in the previous quarter. Their quarter-to-quarter growth increased by 387.40 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹0.69, which is an increase of 392.86% from the ₹0.14 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 293.95 crores this year (2023), which is 85.72 percent higher than last year’s total revenue of 158.27 crores.
This year’s PAT (Profit After Tax) is 68.91 crores, which is also 524.83% higher than last year’s PAT of 11.02 crores.
The EPS (Earnings Per Share) for this year is ₹0.69, which is 527.27% more than the EPS of ₹0.11 earned last year.
Also Read: Polycab Q1FY24 Results: Consolidated PAT Down to Rs. 399.27 Cr
Mishtann Foods Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Mishtann Foods :
Mishtann Foods Limited is engaged in the production and distribution of food products. The company’s product range includes spices, cereals, pulses, rice, flours, wheat, oilseeds, and vegetables. Mishtann Foods primarily markets its products within India.
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