AMCO India Ltd Q1FY22 net profit climbs to Rs. 68.74 lakhs

Amco India 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.39.77 crores during the period ended June 30, 2021 as compared to Rs.29.60 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.6874 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.4710 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.67 for the period ended June 30, 2021 as compared to Rs.1.15 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 39.77 crs	₹ 29.60 crs	34.36%
Net Profit	₹ 0.6874 crs	₹ 0.4710 crs	45.94%
EPS	₹ 1.67	₹ 1.15	45.22%

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

The company has reported total income of Rs.39.77 crores during the period ended June 30, 2021 as compared to Rs.12.20 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.6874 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1841 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.67 for the period ended June 30, 2021 as compared to Rs.0.47 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 39.77 crs	₹ 12.20 crs	225.98%
Net Profit	₹ 0.6874 crs	₹ 0.1841 crs	273.38%
EPS	₹ 1.67	₹ 0.47	255.32%

Shares of Amco India Ltd. was last trading in BSE at Rs. 43.9 as compared to the previous close of Rs. 43. The total number of shares traded during the day was 4360 in over 29 trades.

The stock hit an intraday high of Rs. 44 and intraday low of 40.05. The net turnover during the day was Rs. 190905.

Source : Equity Bulls

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