Rasi Electrodes Ltd Q1FY22 PAT at Rs. 43.68 lakhs

Rasi Electrodes 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.11.88 crores during the period ended June 30, 2021 as compared to Rs.14.82 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.4368 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1097 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.14 for the period ended June 30, 2021 as compared to Rs.0.035 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 11.88 crs	₹ 14.82 crs	-19.84%
Net Profit	₹ 0.4368 crs	₹ 0.1097 crs	298.18%
EPS	₹ 0.14	₹ 0.035	300%

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

The company has reported total income of Rs.11.88 crores during the period ended June 30, 2021 as compared to Rs.2.70 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.4368 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0184) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.14 for the period ended June 30, 2021 as compared to Rs.(0.0059) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 11.88 crs	₹ 2.70 crs	340%
Net Profit	₹ 0.4368 crs	₹ (0.0184) crs	2473.91%
EPS	₹ 0.14	₹ (0.0059)	2472.88%

Shares of Rasi Electrodes Ltd. was last trading in BSE at Rs. 6.14 as compared to the previous close of Rs. 5.8. The total number of shares traded during the day was 101638 in over 87 trades.

The stock hit an intraday high of Rs. 6.2 and intraday low of 5.67. The net turnover during the day was Rs. 610104.

Source : Equity Bulls

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