Stock Report

RACL Geartech Ltd Q3FY21 consolidated net profit climbs to Rs. 9.08 crore



Posted On : 2021-02-14 14:42:27( TIMEZONE : IST )

RACL Geartech Ltd Q3FY21 consolidated net profit climbs to Rs. 9.08 crore

RACL Geartech 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.65.47 crores during the period ended December 31, 2020 as compared to Rs.49.85 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.9.08 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.5.59 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.8.29 for the period ended December 31, 2020 as compared to Rs.5.05 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 65.47 crs₹ 49.85 crsUp Tick 31.33%
Net Profit₹ 9.08 crs₹ 5.59 crsUp Tick 62.43%
EPS₹ 8.29₹ 5.05Up Tick 64.16%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.65.47 crores during the period ended December 31, 2020 as compared to Rs.55.87 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.9.08 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.5.61 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.8.29 for the period ended December 31, 2020 as compared to Rs.5.21 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 65.47 crs₹ 55.87 crsUp Tick 17.18%
Net Profit₹ 9.08 crs₹ 5.61 crsUp Tick 61.85%
EPS₹ 8.29₹ 5.21Up Tick 59.12%

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

The company has reported total income of Rs.138.74 crores during the 9 months period ended December 31, 2020 as compared to Rs.165.18 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.16.22 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.13.86 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.14.63 for the 9 months period ended December 31, 2020 as compared to Rs.12.86 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 138.74 crs₹ 165.18 crsDown Tick -16.01%
Net Profit₹ 16.22 crs₹ 13.86 crsUp Tick 17.03%
EPS₹ 14.63₹12.86Up Tick 13.76%

Shares of RACL Geartech Ltd was last trading in BSE at Rs.233 as compared to the previous close of Rs. 232.35. The total number of shares traded during the day was 23171 in over 272 trades.

The stock hit an intraday high of Rs. 237 and intraday low of 230. The net turnover during the day was Rs. 5428057.

Source : Equity Bulls

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