Polychem Ltd Q1FY22 consolidated net profit at Rs. 27.47 lakhs

Polychem 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.7.92 crores during the period ended June 30, 2021 as compared to Rs.9.22 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.2747 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.4195 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.6.80 for the period ended June 30, 2021 as compared to Rs.10.38 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 7.92 crs	₹ 9.22 crs	-14.1%
Net Profit	₹ 0.2747 crs	₹ 0.4195 crs	-34.52%
EPS	₹ 6.80	₹ 10.38	-34.49%

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

The company has reported total income of Rs.7.92 crores during the period ended June 30, 2021 as compared to Rs.3.28 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.2747 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.1935) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.6.80 for the period ended June 30, 2021 as compared to Rs.(4.79) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 7.92 crs	₹ 3.28 crs	141.46%
Net Profit	₹ 0.2747 crs	₹ (0.1935) crs	241.96%
EPS	₹ 6.80	₹ (4.79)	241.96%

Shares of Polychem Ltd was last trading in BSE at Rs. 625 as compared to the previous close of Rs. 626. The total number of shares traded during the day was 95 in over 14 trades.

The stock hit an intraday high of Rs. 631.9 and intraday low of 605. The net turnover during the day was Rs. 58689.

Source : Equity Bulls

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