Somi Conveyor Beltings Ltd Q1FY22 net profit slips to Rs. 16.40 lakhs

SOMI CONVEYOR BELTINGS 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.5.33 crores during the period ended June 30, 2021 as compared to Rs.20.54 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.164 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.379 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.0.32 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 5.33 crs	₹ 20.54 crs	-74.05%
Net Profit	₹ 0.164 crs	₹ 0.379 crs	-56.73%
EPS	₹ 0.14	₹ 0.32	-56.25%

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

The company has reported total income of Rs.5.33 crores during the period ended June 30, 2021 as compared to Rs.4.34 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.164 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1726 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.0.15 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 5.33 crs	₹ 4.34 crs	22.81%
Net Profit	₹ 0.164 crs	₹ 0.1726 crs	-4.98%
EPS	₹ 0.14	₹ 0.15	-6.67%

Shares of SOMI CONVEYOR BELTINGS LIMITED was last trading in BSE at Rs. 50.45 as compared to the previous close of Rs. 54.15. The total number of shares traded during the day was 14837 in over 260 trades.

The stock hit an intraday high of Rs. 56.35 and intraday low of 48.75. The net turnover during the day was Rs. 768904.

Source : Equity Bulls

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