Stock Report

Ambika Cotton Mills Ltd Q3FY21 net profit jumps to Rs. 21.10 crore



Posted On : 2021-02-03 12:59:40( TIMEZONE : IST )

Ambika Cotton Mills Ltd Q3FY21 net profit jumps to Rs. 21.10 crore

AMBIKA COTTON MILLS 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.192.78 crores during the period ended December 31, 2020 as compared to Rs.145.68 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.21.10 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.12.87 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.36.85 for the period ended December 31, 2020 as compared to Rs.22.48 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 192.78 crs₹ 145.68 crsUp Tick 32.33%
Net Profit₹ 21.10 crs₹ 12.87 crsUp Tick 63.95%
EPS₹ 36.85₹ 22.48Up Tick 63.92%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.192.78 crores during the period ended December 31, 2020 as compared to Rs.164.95 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.21.10 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.16.24 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.36.85 for the period ended December 31, 2020 as compared to Rs.28.37 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 192.78 crs₹ 164.95 crsUp Tick 16.87%
Net Profit₹ 21.10 crs₹ 16.24 crsUp Tick 29.93%
EPS₹ 36.85₹ 28.37Up Tick 29.89%

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

The company has reported total income of Rs.437.74 crores during the 9 months period ended December 31, 2020 as compared to Rs.476.89 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.38.98 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.41.82 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.68.08 for the 9 months period ended December 31, 2020 as compared to Rs.73.05 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 437.74 crs₹ 476.89 crsDown Tick -8.21%
Net Profit₹ 38.98 crs₹ 41.82 crsDown Tick -6.79%
EPS₹ 68.08₹73.05Down Tick -6.8%

Shares of AMBIKA COTTON MILLS LTD. was last trading in BSE at Rs.1036 as compared to the previous close of Rs. 1034.9. The total number of shares traded during the day was 3371 in over 622 trades.

The stock hit an intraday high of Rs. 1075 and intraday low of 1012.4. The net turnover during the day was Rs. 3524892.

Source : Equity Bulls

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