Max Ventures and Industries Ltd Q1FY22 consolidated PAT jumps to Rs. 23.58 crores

Max Ventures and Industries Limited 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.389 crores during the period ended June 30, 2021 as compared to Rs.333.93 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.23.58 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.12.86 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.60 for the period ended June 30, 2021 as compared to Rs.0.87 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 389 crs	₹ 333.93 crs	16.49%
Net Profit	₹ 23.58 crs	₹ 12.86 crs	83.36%
EPS	₹ 1.60	₹ 0.87	83.91%

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

The company has reported total income of Rs.389 crores during the period ended June 30, 2021 as compared to Rs.263.33 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.23.58 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.4.26 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.60 for the period ended June 30, 2021 as compared to Rs.0.29 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 389 crs	₹ 263.33 crs	47.72%
Net Profit	₹ 23.58 crs	₹ 4.26 crs	453.52%
EPS	₹ 1.60	₹ 0.29	451.72%

Shares of Max Ventures and Industries Limited was last trading in BSE at Rs. 105.1 as compared to the previous close of Rs. 94.55. The total number of shares traded during the day was 261328 in over 4854 trades.

The stock hit an intraday high of Rs. 109.4 and intraday low of 93.95. The net turnover during the day was Rs. 26486303.

Source : Equity Bulls

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