Stock Report

Stovec Industries Ltd Q3CY20 net profit at Rs. 4.96 crore



Posted On : 2020-11-10 22:10:49( TIMEZONE : IST )

Stovec Industries Ltd Q3CY20 net profit at Rs. 4.96 crore

STOVEC INDUSTRIES LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q3 CY2020) - QoQ Comparison

The company has reported total income of Rs.42.49 crores during the period ended September 30, 2020 as compared to Rs.18.09 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.4.96 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(0.74) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.23.76 for the period ended September 30, 2020 as compared to Rs.(3.57) for the period ended June 30, 2020.

FinancialsQ3 CY2020Q2 CY2020% Change
Total Income₹ 42.49 crs₹ 18.09 crsUp Tick 134.88%
Net Profit₹ 4.96 crs₹ (0.74) crsUp Tick 770.27%
EPS₹ 23.76₹ (3.57)Up Tick 765.55%

Financial Results (Q3 CY2020) - YoY Comparison

The company has reported total income of Rs.42.49 crores during the period ended September 30, 2020 as compared to Rs.55.96 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.4.96 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.9.90 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.23.76 for the period ended September 30, 2020 as compared to Rs.47.45 for the period ended September 30, 2019.

FinancialsQ3 CY2020Q3 CY2019% Change
Total Income₹ 42.49 crs₹ 55.96 crsDown Tick -24.07%
Net Profit₹ 4.96 crs₹ 9.90 crsDown Tick -49.9%
EPS₹ 23.76₹ 47.45Down Tick -49.93%

Financial Results (9 months ended CY 2020) - YoY Comparison

The company has reported total income of Rs.104.11 crores during the 9 months period ended September 30, 2020 as compared to Rs.148.43 crores during the 9 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.8.82 crores for the 9 months period ended September 30, 2020 as against net profit / (loss) of Rs.22.34 crores for the 9 months period ended September 30, 2019.

The company has reported EPS of Rs.42.24 for the 9 months period ended September 30, 2020 as compared to Rs.107.02 for the 9 months period ended September 30, 2019.

Financials9 Months Ended CY20209 Months Ended CY2019% Change
Total Income₹ 104.11 crs₹ 148.43 crsDown Tick -29.86%
Net Profit₹ 8.82 crs₹ 22.34 crsDown Tick -60.52%
EPS₹ 42.24₹107.02Down Tick -60.53%

Shares of STOVEC INDUSTRIES LTD. was last trading in BSE at Rs.1832.15 as compared to the previous close of Rs. 1850. The total number of shares traded during the day was 129 in over 27 trades.

The stock hit an intraday high of Rs. 1865.85 and intraday low of 1812. The net turnover during the day was Rs. 237670.

Source : Equity Bulls

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