Stock Report

Amrit Corp Ltd Q2FY21 PAT up at Rs. 3.40 crore



Posted On : 2020-11-11 15:11:37( TIMEZONE : IST )

Amrit Corp Ltd Q2FY21 PAT up at Rs. 3.40 crore

AMRIT CORP.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.15.37 crores during the period ended September 30, 2020 as compared to Rs.13.88 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.3.40 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.3.23 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.11.21 for the period ended September 30, 2020 as compared to Rs.10.08 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 15.37 crs₹ 13.88 crsUp Tick 10.73%
Net Profit₹ 3.40 crs₹ 3.23 crsUp Tick 5.26%
EPS₹ 11.21₹ 10.08Up Tick 11.21%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.15.37 crores during the period ended September 30, 2020 as compared to Rs.20.96 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.3.40 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.99 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.11.21 for the period ended September 30, 2020 as compared to Rs.3.09 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 15.37 crs₹ 20.96 crsDown Tick -26.67%
Net Profit₹ 3.40 crs₹ 0.99 crsUp Tick 243.43%
EPS₹ 11.21₹ 3.09Up Tick 262.78%

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

The company has reported total income of Rs.29.25 crores during the 6 months period ended September 30, 2020 as compared to Rs.44.11 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.6.64 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.4.10 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.21.86 for the 6 months period ended September 30, 2020 as compared to Rs.12.77 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 29.25 crs₹ 44.11 crsDown Tick -33.69%
Net Profit₹ 6.64 crs₹ 4.10 crsUp Tick 61.95%
EPS₹ 21.86₹12.77Up Tick 71.18%

Shares of AMRIT CORP.LTD. was last trading in BSE at Rs.706 as compared to the previous close of Rs. 708. The total number of shares traded during the day was 70 in over 9 trades.

The stock hit an intraday high of Rs. 742.9 and intraday low of 701.4. The net turnover during the day was Rs. 49790.

Source : Equity Bulls

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