Quarterly Result14 May 2024, 11:59 pm
Mukka Proteins Ltd Announces 141.53% Increase in Net Profit for Q4 FY24
AI Summary
Mukka Proteins Ltd has announced its audited financial results for the quarter and year ended March 31, 2024. The company's net profit stood at Rs 29.15 Crores for the quarter, a significant increase of 141.53% compared to the previous quarter and 32.99% year-on-year. EBITDA margins and EBIDTA have also seen substantial growth. Mr. Mohammed Haris, MD and CEO, commented on the strong operational performance and promising growth prospects for the sector.
Key Highlights
- PAT for Q4 FY24 increased by 141.53% to Rs 29.15 Crores from 12.07 Crores in Q3 FY24
- EPS improved to 3.10 in FY24 compared to 2.00 in FY23
- EBITDA margins increased by 177.47% to 14.38% in Q4, FY24 from 5.18% in Q3, FY24
- EBIDTA improved by 37.77% to Rs 36.92 Crores in Q4, FY24 from Rs 26.80 Crores in Q3, FY24
- PAT %asa % of Revenue improved by 386.44% to 11.36% in Q4, FY24 from 2.33% in Q3, FY24 and by 117.96% compared to Q4, FY23