Amforge Industries Ltd Q1FY22 PAT higher at Rs. 14.49 lakhs

Amforge Industries 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.0.6598 crores during the period ended June 30, 2021 as compared to Rs.0.6733 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1449 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0935 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2021 as compared to Rs.0.06 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.6598 crs	₹ 0.6733 crs	-2.01%
Net Profit	₹ 0.1449 crs	₹ 0.0935 crs	54.97%
EPS	₹ 0.10	₹ 0.06	66.67%

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

The company has reported total income of Rs.0.6598 crores during the period ended June 30, 2021 as compared to Rs.0.7038 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.1449 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1289 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2021 as compared to Rs.0.09 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.6598 crs	₹ 0.7038 crs	-6.25%
Net Profit	₹ 0.1449 crs	₹ 0.1289 crs	12.41%
EPS	₹ 0.10	₹ 0.09	11.11%

Shares of Amforge Industries Ltd., was last trading in BSE at Rs. 4 as compared to the previous close of Rs. 4.21. The total number of shares traded during the day was 12230 in over 66 trades.

The stock hit an intraday high of Rs. 4.42 and intraday low of 4. The net turnover during the day was Rs. 51884.

Source : Equity Bulls

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