Stock Report

Aries Agro Ltd posts consolidated Q2 net profit of Rs. 12.06 crore



Posted On : 2020-11-12 23:46:44( TIMEZONE : IST )

Aries Agro Ltd posts consolidated Q2 net profit of Rs. 12.06 crore

ARIES AGRO 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.118.72 crores during the period ended September 30, 2020 as compared to Rs.86.67 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.12.06 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.5.67 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.9.27 for the period ended September 30, 2020 as compared to Rs.4.36 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 118.72 crs₹ 86.67 crsUp Tick 36.98%
Net Profit₹ 12.06 crs₹ 5.67 crsUp Tick 112.7%
EPS₹ 9.27₹ 4.36Up Tick 112.61%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.118.72 crores during the period ended September 30, 2020 as compared to Rs.94.51 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.12.06 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.11.35 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.9.27 for the period ended September 30, 2020 as compared to Rs.8.73 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 118.72 crs₹ 94.51 crsUp Tick 25.62%
Net Profit₹ 12.06 crs₹ 11.35 crsUp Tick 6.26%
EPS₹ 9.27₹ 8.73Up Tick 6.19%

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

The company has reported total income of Rs.205.40 crores during the 6 months period ended September 30, 2020 as compared to Rs.158.91 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.17.73 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.15.32 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.13.64 for the 6 months period ended September 30, 2020 as compared to Rs.11.78 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 205.40 crs₹ 158.91 crsUp Tick 29.26%
Net Profit₹ 17.73 crs₹ 15.32 crsUp Tick 15.73%
EPS₹ 13.64₹11.78Up Tick 15.79%

Shares of ARIES AGRO LTD. was last trading in BSE at Rs.80 as compared to the previous close of Rs. 80.6. The total number of shares traded during the day was 2603 in over 64 trades.

The stock hit an intraday high of Rs. 81.8 and intraday low of 80. The net turnover during the day was Rs. 209821.

Source : Equity Bulls

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