Shilchar Technologies Ltd Q3 net profit jumps to Rs. 2.52 crore

SHILCHAR TECHNOLOGIES LTD. has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.34.48 crores during the period ended December 31, 2020 as compared to Rs.36.91 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.2.52 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.2.15 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.6.63 for the period ended December 31, 2020 as compared to Rs.5.65 for the period ended September 30, 2020.

Financials	Q3 FY20-21	Q2 FY20-21	% Change
Total Income	₹ 34.48 crs	₹ 36.91 crs	-6.58%
Net Profit	₹ 2.52 crs	₹ 2.15 crs	17.21%
EPS	₹ 6.63	₹ 5.65	17.35%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.34.48 crores during the period ended December 31, 2020 as compared to Rs.19.89 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.2.52 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.0.15 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.6.63 for the period ended December 31, 2020 as compared to Rs.0.41 for the period ended December 31, 2019.

Financials	Q3 FY20-21	Q3 FY19-20	% Change
Total Income	₹ 34.48 crs	₹ 19.89 crs	73.35%
Net Profit	₹ 2.52 crs	₹ 0.15 crs	1580%
EPS	₹ 6.63	₹ 0.41	1517.07%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.86.07 crores during the 9 months period ended December 31, 2020 as compared to Rs.56.18 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.5.36 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.0.90 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.14.07 for the 9 months period ended December 31, 2020 as compared to Rs.2.37 for the 9 months period ended December 31, 2019.

Financials	9 Months ended FY20-21	9 Months ended FY19-20	% Change
Total Income	₹ 86.07 crs	₹ 56.18 crs	53.2%
Net Profit	₹ 5.36 crs	₹ 0.90 crs	495.56%
EPS	₹ 14.07	₹2.37	493.67%

Shares of SHILCHAR TECHNOLOGIES LTD. was last trading in BSE at Rs.219 as compared to the previous close of Rs. 212.8. The total number of shares traded during the day was 1997 in over 74 trades.

The stock hit an intraday high of Rs. 225 and intraday low of 187.5. The net turnover during the day was Rs. 421463.

Source : Equity Bulls

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