Ritesh International Ltd Q1FY22 net profit at Rs. 29.88 lakhs

Ritesh International 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.22.31 crores during the period ended June 30, 2021 as compared to Rs.24.26 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.2988 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.2845 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.35 for the period ended June 30, 2021 as compared to Rs.0.33 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 22.31 crs	₹ 24.26 crs	-8.04%
Net Profit	₹ 0.2988 crs	₹ 0.2845 crs	5.03%
EPS	₹ 0.35	₹ 0.33	6.06%

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

The company has reported total income of Rs.22.31 crores during the period ended June 30, 2021 as compared to Rs.7.80 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.2988 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.7537) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.35 for the period ended June 30, 2021 as compared to Rs.(0.88) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 22.31 crs	₹ 7.80 crs	186.03%
Net Profit	₹ 0.2988 crs	₹ (0.7537) crs	139.64%
EPS	₹ 0.35	₹ (0.88)	139.77%

Shares of Ritesh International Ltd was last trading in BSE at Rs. 35 as compared to the previous close of Rs. 34.75. The total number of shares traded during the day was 8519 in over 98 trades.

The stock hit an intraday high of Rs. 35.95 and intraday low of 34.75. The net turnover during the day was Rs. 299323.

Source : Equity Bulls

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