Stock Report

QGO Finance Ltd Q2FY21 PAT at Rs. 0.15 crore



Posted On : 2020-10-28 12:59:12( TIMEZONE : IST )

QGO Finance Ltd Q2FY21 PAT at Rs. 0.15 crore

QGO Finance Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1.17 crores during the period ended September 30, 2020 as compared to Rs.1.07 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.15 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.16 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.22 for the period ended September 30, 2020 as compared to Rs.0.23 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 1.17 crs₹ 1.07 crsUp Tick 9.35%
Net Profit₹ 0.15 crs₹ 0.16 crsDown Tick -6.25%
EPS₹ 0.22₹ 0.23Down Tick -4.35%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.1.17 crores during the period ended September 30, 2020 as compared to Rs.0.86 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.15 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.14 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.0.22 for the period ended September 30, 2020 as compared to Rs.0.21 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 1.17 crs₹ 0.86 crsUp Tick 36.05%
Net Profit₹ 0.15 crs₹ 0.14 crsUp Tick 7.14%
EPS₹ 0.22₹ 0.21Up Tick 4.76%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.2.25 crores during the 6 months period ended September 30, 2020 as compared to Rs.1.58 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.31 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.0.26 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.0.45 for the 6 months period ended September 30, 2020 as compared to Rs.0.38 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 2.25 crs₹ 1.58 crsUp Tick 42.41%
Net Profit₹ 0.31 crs₹ 0.26 crsUp Tick 19.23%
EPS₹ 0.45₹0.38Up Tick 18.42%

During the quarter under review, the company has allotted 100 Non-Convertible Debentures at the issue price of Rs. 700000 per debenture. The actual amount of utilisation in quarter under review is Rs. 7,00,00,000.

The total loan booked till September 30, 2020 is of Rs. 36,06,60,540/-. The total outstanding Non-Convertible Debentures as on September 30, 2020 is of Rs. 24,75,00,000/-.

Shares of QGO Finance Ltd was last trading in BSE at Rs.15.28 as compared to the previous close of Rs. 14.56. The total number of shares traded during the day was 1696 in over 25 trades.

The stock hit an intraday high of Rs. 15.28 and intraday low of 13.84. The net turnover during the day was Rs. 25738.

Source : Equity Bulls

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