Minaxi Textiles Ltd Q1FY22 loss at Rs. 21.62 lakhs

Minaxi Textiles 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.4.02 crores during the period ended June 30, 2021 as compared to Rs.9.10 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.(0.2162) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0571) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.(0.04) for the period ended June 30, 2021 as compared to Rs.(0.01) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 4.02 crs	₹ 9.10 crs	-55.82%
Net Profit	₹ (0.2162) crs	₹ (0.0571) crs	278.63%
EPS	₹ (0.04)	₹ (0.01)	300%

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

The company has reported total income of Rs.4.02 crores during the period ended June 30, 2021 as compared to Rs.0.0102 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.(0.2162) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.7389) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.(0.04) for the period ended June 30, 2021 as compared to Rs.(0.15) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 4.02 crs	₹ 0.0102 crs	39311.76%
Net Profit	₹ (0.2162) crs	₹ (0.7389) crs	-70.74%
EPS	₹ (0.04)	₹ (0.15)	-73.33%

Shares of Minaxi Textiles Ltd. was last trading in BSE at Rs. 1.42 as compared to the previous close of Rs. 1.36. The total number of shares traded during the day was 184452 in over 295 trades.

The stock hit an intraday high of Rs. 1.42 and intraday low of 1.3. The net turnover during the day was Rs. 255203.

Source : Equity Bulls

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