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<div class="single_page_content"> <p align="justify">MAGNA ELECTRO CASTINGS LTD. has reported Standalone financial results for the period ended September 30, 2022.<br><br><b>Financial Results (Q2 FY2023) - QoQ Comparison </b><br><br>The company has reported total income of Rs. 48.1058 crores during the period ended September 30, 2022 as compared to Rs. 43.2497 crores during the period ended June 30, 2022.<br><br>The company has posted net profit / (loss) of Rs. 6.7479 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 3.8125 crores for the period ended June 30, 2022.<br><br>The company has reported EPS of Rs. 15.94 for the period ended September 30, 2022 as compared to Rs. 9.01 for the period ended June 30, 2022.<br><br><table width="100%" border="2" bordercolor="#789940" cellspacing="0" cellpadding="0"> <tr> <td class="newsheader"><b>Financials</b></td> <td class="newsheader"><b>Q2 FY2023</b></td> <td class="newsheader"><b>Q1 FY2023</b></td> <td class="newsheader"><b>% Change</b></td> </tr> <tr> <td><b>Total Income</b></td> <td>₹ 48.1058 crs</td> <td>₹43.2497 crs</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">11.23%</td> </tr> <tr> <td><b>Net Profit</b></td> <td>₹6.7479 crs</td> <td>₹3.8125 crs</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">76.99%</td> </tr> <tr> <td><b>EPS</b></td> <td>₹15.94</td> <td>₹9.01</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">76.91%</td> </tr></table><br><b>Financial Results (Q2 FY2023) - YoY Comparison </b> <br><br>The company has reported total income of Rs. 48.1058 crores during the period ended September 30, 2022 as compared to Rs.38.1282 crores during the period ended September 30, 2021.<br><br>The company has posted net profit / (loss) of Rs.6.7479 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.3602 crores for the period ended September 30, 2021.<br><br>The company has reported EPS of Rs.15.94 for the period ended September 30, 2022 as compared to Rs.7.94 for the period ended September 30, 2021.<br><br><table width="100%" border="2" bordercolor="#789940" cellspacing="0" cellpadding="0"> <tr> <td class="newsheader"><b>Financials</b></td> <td class="newsheader"><b>Q2 FY2023</b></td> <td class="newsheader"><b>Q2 FY2022</b></td> <td class="newsheader"><b>% Change</td></b> </tr> <tr> <td><b>Total Income</b></td> <td>₹ 48.1058 crs</td> <td>₹38.1282 crs</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">26.17%</td> </tr> <tr> <td><b>Net Profit</b></td> <td>₹6.7479 crs</td> <td>₹3.3602 crs</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">100.82%</td> </tr> <tr> <td><b>EPS</b></td> <td>₹15.94</td> <td>₹7.94</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">100.76%</td> </tr> </table><br><b>Financial Results (Half Year Ended FY2023) - YoY Comparison </b> <br><br>The company has reported total income of Rs.91.3556 crores during the 6 Months period ended September 30, 2022 as compared to Rs.60.7034 crores during the 6 Months period ended September 30, 2021.<br><br>The company has posted net profit / (loss) of Rs.10.5605 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.4.2132 crores for the 6 Months period ended September 30, 2021.<br><br>The company has reported EPS of Rs.24.95 for the 6 Months period ended September 30, 2022 as compared to Rs.9.96 for the 6 Months period ended September 30, 2021.<br><br><table width="100%" border=2 bordercolor=#789940 cellspacing=0 cellpadding=0> <tr> <td class="newsheader"><b>Financials</b></td> <td class="newsheader"><b>Half Year Ended FY2023</b></td> <td class="newsheader"><b>Half Year Ended FY2022</b></td> <td class="newsheader"><b>% Change</b></td> </tr> <tr> <td><b>Total Income</b></td> <td>₹91.3556 crs</td> <td>₹60.7034 crs</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">50.50%</td> </tr> <tr> <td><b>Net Profit</b></td> <td>₹10.5605 crs</td> <td>₹4.2132 crs</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">150.65%</td> </tr> <tr> <td><b>EPS</b></td> <td>₹24.95</td> <td>₹9.96</td> <td><img src="dist/img/Up.png" alt="Up Tick / Down Tick">150.50%</td> </tr></table><br>Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs. 325.85 as compared to the previous close of Rs. 322.40. The total number of shares traded during the day was 761 in over 24 trades.<br><br>The stock hit an intraday high of Rs. 330.50 and intraday low of 320.40. The net turnover during the day was Rs. 246918.00.</p> <p></p> <b></b> <b></b> <b></b> <b></b> <b></b> </div>
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