Stock Report

CG Power and Industrial Solutions Ltd posts consolidated profit in Q2FY21 due to exceptional items



Posted On : 2020-10-28 21:03:13( TIMEZONE : IST )

CG Power and Industrial Solutions Ltd posts consolidated profit in Q2FY21 due to exceptional items

CG Power and Industrial Solutions 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.673.45 crores during the period ended September 30, 2020 as compared to Rs.429.55 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.109.37 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(262.88) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.76 for the period ended September 30, 2020 as compared to Rs.(3.87) for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 673.45 crs₹ 429.55 crsUp Tick 56.78%
Net Profit₹ 109.37 crs₹ (262.88) crsUp Tick 141.6%
EPS₹ 1.76₹ (3.87)Up Tick 145.48%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.673.45 crores during the period ended September 30, 2020 as compared to Rs.1548.50 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.109.37 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(1595.21) crores for the period ended September 30, 2019.

The company has reported EPS of Rs.1.76 for the period ended September 30, 2020 as compared to Rs.(25.53) for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 673.45 crs₹ 1548.50 crsDown Tick -56.51%
Net Profit₹ 109.37 crs₹ (1595.21) crsUp Tick 106.86%
EPS₹ 1.76₹ (25.53)Up Tick 106.89%

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

The company has reported total income of Rs.1103 crores during the 6 months period ended September 30, 2020 as compared to Rs.3330.87 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.(153.51) crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.(1668.81) crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.(2.11) for the 6 months period ended September 30, 2020 as compared to Rs.(26.67) for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 1103 crs₹ 3330.87 crsDown Tick -66.89%
Net Profit₹ (153.51) crs₹ (1668.81) crsDown Tick -90.8%
EPS₹ (2.11)₹(26.67)Down Tick -92.09%

Shares of CG Power and Industrial Solutions Ltd was last trading in BSE at Rs.28.55 as compared to the previous close of Rs. 27.2. The total number of shares traded during the day was 1205036 in over 1379 trades.

The stock hit an intraday high of Rs. 28.55 and intraday low of 26.75. The net turnover during the day was Rs. 33997031.

Source : Equity Bulls

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