Garware Marine Industries Ltd posts net profit of Rs. 16.93 lakhs in Q1FY22

Garware Marine 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.0.3887 crores during the period ended June 30, 2021 as compared to Rs.0.2952 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1693 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0789) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.29 for the period ended June 30, 2021 as compared to Rs.(0.14) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.3887 crs	₹ 0.2952 crs	31.67%
Net Profit	₹ 0.1693 crs	₹ (0.0789) crs	314.58%
EPS	₹ 0.29	₹ (0.14)	307.14%

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

The company has reported total income of Rs.0.3887 crores during the period ended June 30, 2021 as compared to Rs.0.1739 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.1693 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0544) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.29 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	₹ 0.3887 crs	₹ 0.1739 crs	123.52%
Net Profit	₹ 0.1693 crs	₹ (0.0544) crs	411.21%
EPS	₹ 0.29	₹ (0.09)	422.22%

Shares of Garware Marine Industries Ltd., was last trading in BSE at Rs. 9.95 as compared to the previous close of Rs. 10.47. The total number of shares traded during the day was 33 in over 6 trades.

The stock hit an intraday high of Rs. 9.95 and intraday low of 9.95. The net turnover during the day was Rs. 328.

Source : Equity Bulls

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