FILATEX INDIA 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.701.47 crores during the period ended June 30, 2021 as compared to Rs.858.16 crores during the period ended March 31, 2021.
The company has posted net profit / (loss) of Rs.52.14 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.118.39 crores for the period ended March 31, 2021.
The company has reported EPS of Rs.2.34 for the period ended June 30, 2021 as compared to Rs.5.34 for the period ended March 31, 2021.
|
Total Income | ₹ 701.47 crs | ₹ 858.16 crs | -18.26% |
Net Profit | ₹ 52.14 crs | ₹ 118.39 crs | -55.96% |
EPS | ₹ 2.34 | ₹ 5.34 | -56.18% |
Financial Results (Q1 FY 2021-22) - YoY ComparisonThe company has reported total income of Rs.701.47 crores during the period ended June 30, 2021 as compared to Rs.145.96 crores during the period ended June 30, 2020.
The company has posted net profit / (loss) of Rs.52.14 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(27.98) crores for the period ended June 30, 2020.
The company has reported EPS of Rs.2.34 for the period ended June 30, 2021 as compared to Rs.(1.27) for the period ended June 30, 2020.
|
Total Income | ₹ 701.47 crs | ₹ 145.96 crs | 380.59% |
Net Profit | ₹ 52.14 crs | ₹ (27.98) crs | 286.35% |
EPS | ₹ 2.34 | ₹ (1.27) | 284.25% |
Commenting on the performance Mr. Madhu Sudhan Bhageria, Chairman & Managing Director, stated, "This quarter witnessed the second wave of COVID-19 sweeping across India and dealt a severe blow to recovery of the Indian economy. However, I believe that the economic effects of this wave will be restricted to the first half of the financial year.
Despite the partial lockdowns and economic slowdown, we are pleased to announce that we have achieved a revenue of Rs. 698.91 crores and an EBIDTA of Rs. 101.17 crores (14.47%) in Q1FY22.
Commissioning activities for our 30 MW captive power plant at our Dahej unit started in May. However, manpower constraints due to the second wave of Covid in India delayed the trials and commissioning activities. We are operating the plant on trial run basis since last two weeks and are likely to achieve commercial operations shortly. The annual impact of savings in energy costs will be around Rs. 40 crores."
Shares of FILATEX INDIA LTD. was last trading in BSE at Rs. 100.1 as compared to the previous close of Rs. 98.85. The total number of shares traded during the day was 149350 in over 2128 trades.
The stock hit an intraday high of Rs. 104.8 and intraday low of 98.7. The net turnover during the day was Rs. 15183079.
Source : Equity Bulls
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