Record date for verification of shareholder eligibility
Following the proposal, the company, in its filing dated January 28, 2022, set and announced the record date of February 7, 2022 for the free share issue.
In the quarter ended September FY22, the company’s operating income was Rs. 14.82 crore higher on an annual basis but declining sequentially. Nonetheless, the company posted a net profit of Rs. 3.18 crore, higher than the quarter ended June figure of Rs. 2.46 crore. In the same quarter of the previous year, the company’s net profit was Rs. 1.57 crore, hence the profit almost doubled in the reporting period.
Other important positive points of the certificate
The company is virtually a debt-free entity with a 2021-like debt ratio of 0.07
The company has shown good earnings growth of 220.25% over the past 3 years.
The company has shown good revenue growth of 41.94% over the past 3 years.
It is also a company with strong growth TTM EPS
The stock’s 1-year return is 1060%, while its 3-month return is 199.25%.
About the company
MK Exim (India) Limited is a growth oriented business venture with operations and expansion plans in several areas. The company has manufacturing facilities for fabrics, ready-to-wear and jewelry; and is also an approved provider for relief programs.
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