Visagar Polytex Ltd Q1FY22 net profit at Rs. 7.11 lakhs

VISAGAR POLYTEX LTD. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.0.7236 crores during the period ended June 30, 2021 as compared to Rs.0.8068 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.0711 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.2224 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.0024 for the period ended June 30, 2021 as compared to Rs.0.0075 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.7236 crs	₹ 0.8068 crs	-10.31%
Net Profit	₹ 0.0711 crs	₹ 0.2224 crs	-68.03%
EPS	₹ 0.0024	₹ 0.0075	-68%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.0.7236 crores during the period ended June 30, 2021 as compared to Rs.1.43 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.0711 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.4013) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.0024 for the period ended June 30, 2021 as compared to Rs.(0.0137) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.7236 crs	₹ 1.43 crs	-49.4%
Net Profit	₹ 0.0711 crs	₹ (0.4013) crs	117.72%
EPS	₹ 0.0024	₹ (0.0137)	117.52%

Shares of VISAGAR POLYTEX LTD. was last trading in BSE at Rs. 0.98 as compared to the previous close of Rs. 0.99. The total number of shares traded during the day was 646081 in over 215 trades.

The stock hit an intraday high of Rs. 1.03 and intraday low of 0.95. The net turnover during the day was Rs. 631368.

Source : Equity Bulls

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