Nalin Lease Finance Ltd posts net profit of Rs. 49.61 lakhs in Q1FY22

Nalin Lease Finance 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.1.15 crores during the period ended June 30, 2021 as compared to Rs.1.40 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.4961 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.5779 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.76 for the period ended June 30, 2021 as compared to Rs.0.88 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 1.15 crs	₹ 1.40 crs	-17.86%
Net Profit	₹ 0.4961 crs	₹ 0.5779 crs	-14.15%
EPS	₹ 0.76	₹ 0.88	-13.64%

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

The company has reported total income of Rs.1.15 crores during the period ended June 30, 2021 as compared to Rs.0.9814 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.4961 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.2234 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.76 for the period ended June 30, 2021 as compared to Rs.0.34 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 1.15 crs	₹ 0.9814 crs	17.18%
Net Profit	₹ 0.4961 crs	₹ 0.2234 crs	122.07%
EPS	₹ 0.76	₹ 0.34	123.53%

Shares of Nalin Lease Finance Ltd. was last trading in BSE at Rs. 27.65 as compared to the previous close of Rs. 27.45. The total number of shares traded during the day was 5359 in over 27 trades.

The stock hit an intraday high of Rs. 28.75 and intraday low of 26.5. The net turnover during the day was Rs. 149026.

Source : Equity Bulls

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