Valley Magnesite Company Ltd Q1FY22 net profit at Rs. 9.82 lakhs

Valley Magnesite Company Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY2021-22) - QoQ Comparison

The company has reported total income of Rs.0.3126 crores during the period ended June 30, 2021 as compared to Rs.0.3007 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.0982 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.2203) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.94 for the period ended June 30, 2021 as compared to Rs.(2.10) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY2020-21	% Change
Total Income	₹ 0.3126 crs	₹ 0.3007 crs	3.96%
Net Profit	₹ 0.0982 crs	₹ (0.2203) crs	144.58%
EPS	₹ 0.94	₹ (2.10)	144.76%

Financial Results (Q1 FY2021-22) - YoY Comparison

The company has reported total income of Rs.0.3126 crores during the period ended June 30, 2021 as compared to Rs.0.5246 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.0982 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.3274 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.94 for the period ended June 30, 2021 as compared to Rs.3.12 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.3126 crs	₹ 0.5246 crs	-40.41%
Net Profit	₹ 0.0982 crs	₹ 0.3274 crs	-70.01%
EPS	₹ 0.94	₹ 3.12	-69.87%

Source : Equity Bulls

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