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Swelect Energy Systems Ltd reports consolidated net profit of Rs. 10.16 crore in Q2FY2020-21



Posted On : 2020-11-12 23:53:18( TIMEZONE : IST )

Swelect Energy Systems Ltd reports consolidated net profit of Rs. 10.16 crore in Q2FY2020-21

Swelect Energy Systems Limited 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.58.72 crores during the period ended September 30, 2020 as compared to Rs.73.79 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.10.16 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.11.44 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.6.70 for the period ended September 30, 2020 as compared to Rs.7.55 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 58.72 crs₹ 73.79 crsDown Tick -20.42%
Net Profit₹ 10.16 crs₹ 11.44 crsDown Tick -11.19%
EPS₹ 6.70₹ 7.55Down Tick -11.26%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.58.72 crores during the period ended September 30, 2020 as compared to Rs.78.29 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.10.16 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.5.98 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.6.70 for the period ended September 30, 2020 as compared to Rs.3.95 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 58.72 crs₹ 78.29 crsDown Tick -25%
Net Profit₹ 10.16 crs₹ 5.98 crsUp Tick 69.9%
EPS₹ 6.70₹ 3.95Up Tick 69.62%

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

The company has reported total income of Rs.132.51 crores during the 6 months period ended September 30, 2020 as compared to Rs.139.95 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.21.60 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.2.55 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.14.25 for the 6 months period ended September 30, 2020 as compared to Rs.1.69 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 132.51 crs₹ 139.95 crsDown Tick -5.32%
Net Profit₹ 21.60 crs₹ 2.55 crsUp Tick 747.06%
EPS₹ 14.25₹1.69Up Tick 743.2%

Shares of Swelect Energy Systems Limited was last trading in BSE at Rs.122 as compared to the previous close of Rs. 118.55. The total number of shares traded during the day was 1580 in over 37 trades.

The stock hit an intraday high of Rs. 123.95 and intraday low of 118. The net turnover during the day was Rs. 191437.

Source : Equity Bulls

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