Stock Report

Ganges Securities Ltd posts consolidated net profit of Rs. 10.05 crore in Q2FY21



Posted On : 2020-11-10 22:31:40( TIMEZONE : IST )

Ganges Securities Ltd posts consolidated net profit of Rs. 10.05 crore in Q2FY21

Ganges Securities 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.17.72 crores during the period ended September 30, 2020 as compared to Rs.4.89 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.10.05 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.1.23 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.10.04 for the period ended September 30, 2020 as compared to Rs.1.24 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 17.72 crs₹ 4.89 crsUp Tick 262.37%
Net Profit₹ 10.05 crs₹ 1.23 crsUp Tick 717.07%
EPS₹ 10.04₹ 1.24Up Tick 709.68%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.17.72 crores during the period ended September 30, 2020 as compared to Rs.11.44 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.10.05 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.6.23 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.10.04 for the period ended September 30, 2020 as compared to Rs.6.24 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 17.72 crs₹ 11.44 crsUp Tick 54.9%
Net Profit₹ 10.05 crs₹ 6.23 crsUp Tick 61.32%
EPS₹ 10.04₹ 6.24Up Tick 60.9%

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

The company has reported total income of Rs.22.61 crores during the 6 months period ended September 30, 2020 as compared to Rs.18.33 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.11.28 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.7.01 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.11.28 for the 6 months period ended September 30, 2020 as compared to Rs.7.02 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 22.61 crs₹ 18.33 crsUp Tick 23.35%
Net Profit₹ 11.28 crs₹ 7.01 crsUp Tick 60.91%
EPS₹ 11.28₹7.02Up Tick 60.68%

Shares of Ganges Securities Ltd was last trading in BSE at Rs.37.55 as compared to the previous close of Rs. 38.1. The total number of shares traded during the day was 2479 in over 40 trades.

The stock hit an intraday high of Rs. 39.25 and intraday low of 37.5. The net turnover during the day was Rs. 94805.

Source : Equity Bulls

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