Longview Tea Company Ltd Q1FY22 net profit at Rs. 12.44 lakhs

Longview Tea Company 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.0.8819 crores during the period ended June 30, 2021 as compared to Rs.0.5712 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1244 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(1.82) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.42 for the period ended June 30, 2021 as compared to Rs.(6.10) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.8819 crs	₹ 0.5712 crs	54.39%
Net Profit	₹ 0.1244 crs	₹ (1.82) crs	106.84%
EPS	₹ 0.42	₹ (6.10)	106.89%

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

The company has reported total income of Rs.0.8819 crores during the period ended June 30, 2021 as compared to Rs.0.2056 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.1244 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1310 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.42 for the period ended June 30, 2021 as compared to Rs.0.44 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.8819 crs	₹ 0.2056 crs	328.94%
Net Profit	₹ 0.1244 crs	₹ 0.1310 crs	-5.04%
EPS	₹ 0.42	₹ 0.44	-4.55%

Shares of Longview Tea Company ltd. was last trading in BSE at Rs. 18.9 as compared to the previous close of Rs. 18. The total number of shares traded during the day was 509 in over 7 trades.

The stock hit an intraday high of Rs. 18.9 and intraday low of 18. The net turnover during the day was Rs. 9591.

Source : Equity Bulls

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