PG Electroplast Ltd reports Q1FY22 net profit of Rs. 60.58 lakhs

PG Electroplast 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.138.03 crores during the period ended June 30, 2021 as compared to Rs.330.52 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.6058 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.10.43 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.31 for the period ended June 30, 2021 as compared to Rs.5.35 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 138.03 crs	₹ 330.52 crs	-58.24%
Net Profit	₹ 0.6058 crs	₹ 10.43 crs	-94.19%
EPS	₹ 0.31	₹ 5.35	-94.21%

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

The company has reported total income of Rs.138.03 crores during the period ended June 30, 2021 as compared to Rs.37.34 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.6058 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(8.48) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.31 for the period ended June 30, 2021 as compared to Rs.(4.35) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 138.03 crs	₹ 37.34 crs	269.66%
Net Profit	₹ 0.6058 crs	₹ (8.48) crs	107.14%
EPS	₹ 0.31	₹ (4.35)	107.13%

Shares of PG Electroplast Limited was last trading in BSE at Rs. 341 as compared to the previous close of Rs. 346. The total number of shares traded during the day was 1125 in over 85 trades.

The stock hit an intraday high of Rs. 355 and intraday low of 340.9. The net turnover during the day was Rs. 393277.

Source : Equity Bulls

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