Stock Report

Flex Foods Ltd Q2FY21 net profit at Rs. 2.97 crore



Posted On : 2020-11-10 23:05:36( TIMEZONE : IST )

Flex Foods Ltd Q2FY21 net profit at Rs. 2.97 crore

FLEX FOODS 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.30.14 crores during the period ended September 30, 2020 as compared to Rs.18.69 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.2.97 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.2.90 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.2.39 for the period ended September 30, 2020 as compared to Rs.2.33 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 30.14 crs₹ 18.69 crsUp Tick 61.26%
Net Profit₹ 2.97 crs₹ 2.90 crsUp Tick 2.41%
EPS₹ 2.39₹ 2.33Up Tick 2.58%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.30.14 crores during the period ended September 30, 2020 as compared to Rs.24.41 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.2.97 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.65 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.2.39 for the period ended September 30, 2020 as compared to Rs.0.52 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 30.14 crs₹ 24.41 crsUp Tick 23.47%
Net Profit₹ 2.97 crs₹ 0.65 crsUp Tick 356.92%
EPS₹ 2.39₹ 0.52Up Tick 359.62%

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

The company has reported total income of Rs.48.83 crores during the 6 months period ended September 30, 2020 as compared to Rs.45.34 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.5.87 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.3.59 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.4.72 for the 6 months period ended September 30, 2020 as compared to Rs.2.88 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 48.83 crs₹ 45.34 crsUp Tick 7.7%
Net Profit₹ 5.87 crs₹ 3.59 crsUp Tick 63.51%
EPS₹ 4.72₹2.88Up Tick 63.89%

Shares of FLEX FOODS LTD. was last trading in BSE at Rs.61.15 as compared to the previous close of Rs. 61. The total number of shares traded during the day was 34612 in over 269 trades.

The stock hit an intraday high of Rs. 64 and intraday low of 59. The net turnover during the day was Rs. 2152898.

Source : Equity Bulls

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