Hot Pursuit     26-May-23
Mishra Dhatu Nigam tumbles after dismal Q4 performance
Mishra Dhatu Nigam slumped 4.38% to Rs 220.50 after the company reported 18% fall in net profit to Rs 66.12 crore despite a 7% rise in topline to Rs 344.57 crore in Q4 FY23 as compared with Q4 FY22.

Value of Production during the fourth quarter of FY 2022-23 stood at Rs 358.78 crore as against Rs 376.17 crore recorded in the corresponding quarter of previous year, down 5% YoY.

EBITDA declined by 18% to Rs 112.24 crore in Q4 FY23 from Rs 137.61 crore in Q4 FY22.

Profit before tax in Q4 FY23 stood at Rs 90.46 crore, down by 18% from Rs 110.46 crore in Q4 FY22.

For the FY 2022-23, the company has achieved a turnover of Rs 871.94 crore, registering a growth of 1% as against Rs 859.49 crore, recorded during the previous FY 2021-22. PAT fell by 12% to Rs 155.87 crore in FY23 from Rs 176.31 crore in FY22.

The order book position of the company as on 1 April 2023 stood at Rs 1,331.04 crore.

During the FY 2022-23, the company paid an interim dividend of Rs 1.68 per equity share and further recommend to pay another Rs 1.67 per equity share as final dividend for FY 2022-23. The total dividend for the financial year 2022-23 is Rs 3.35 per equity share.

Mishra Dhatu Nigam is engaged in the business of manufacturing of superalloys, titanium, special purpose steel and other special metals.

Previous News
  Mishra Dhatu Nigam standalone net profit declines 58.73% in the September 2023 quarter
 ( Results - Announcements 08-Nov-23   07:38 )
  Mishra Dhatu Nigam consolidated net profit declines 58.55% in the September 2023 quarter
 ( Results - Announcements 08-Nov-23   07:39 )
  Mishra Dhatu Nigam
 ( Analyst Meet / AGM - Conference Call 04-Aug-22   20:52 )
  Mishra Dhatu Nigam tumbles after dismal Q4 performance
 ( Hot Pursuit - 26-May-23   11:01 )
  Mishra Dhatu Nigam consolidated net profit rises 86.12% in the March 2021 quarter
 ( Results - Announcements 25-Jun-21   07:54 )
  MIDHANI gains after Q4 PAT rises 86% YoY
 ( Hot Pursuit - 25-Jun-21   10:40 )
  Mishra Dhatu Nigam announces board meeting date
 ( Corporate News - 03-Nov-21   10:55 )
  Board of Mishra Dhatu Nigam recommends Final Dividend
 ( Corporate News - 25-Jun-21   10:48 )
  Mishra Dhatu Nigam consolidated net profit declines 0.97% in the September 2022 quarter
 ( Results - Announcements 15-Nov-22   17:04 )
  Mishra Dhatu Nigam to consider dividend
 ( Corporate News - 22-Jun-20   15:57 )
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 ( Hot Pursuit - 01-Jul-20   15:00 )
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