Stock Report

Morarka Finance Ltd Q2FY22 net profit jumps to Rs. 3.59 crore



Posted On : 2021-10-13 13:38:44( TIMEZONE : IST )

Morarka Finance Ltd Q2FY22 net profit jumps to Rs. 3.59 crore

MORARKA FINANCE LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 3.5970 crores during the period ended September 30, 2021 as compared to Rs. 0.3691 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 3.5953 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.0532 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 7.99 for the period ended September 30, 2021 as compared to Rs. 0.12 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 3.5970 crs ₹0.3691 crs Up Tick / Down Tick874.53%
Net Profit ₹3.5953 crs ₹0.0532 crs Up Tick / Down Tick6,658.08%
EPS ₹7.99 ₹0.12 Up Tick / Down Tick6,558.33%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 3.5970 crores during the period ended September 30, 2021 as compared to Rs.0.5212 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.5953 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.2901 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.7.99 for the period ended September 30, 2021 as compared to Rs.0.64 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 3.5970 crs ₹0.5212 crs Up Tick / Down Tick590.14%
Net Profit ₹3.5953 crs ₹0.2901 crs Up Tick / Down Tick1,139.33%
EPS ₹7.99 ₹0.64 Up Tick / Down Tick1,148.44%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.3.9661 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.7632 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.6485 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.4198 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.8.10 for the 6 Months period ended September 30, 2021 as compared to Rs.0.93 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹3.9661 crs ₹0.7632 crs Up Tick / Down Tick419.67%
Net Profit ₹3.6485 crs ₹0.4198 crs Up Tick / Down Tick769.10%
EPS ₹8.10 ₹0.93 Up Tick / Down Tick770.97%

Shares of MORARKA FINANCE LTD. was last trading in BSE at Rs. 65.25 as compared to the previous close of Rs. 60.70. The total number of shares traded during the day was 5515 in over 77 trades.

The stock hit an intraday high of Rs. 65.90 and intraday low of 60.80. The net turnover during the day was Rs. 351677.00.

Source : Equity Bulls

Keywords

MorarkaFinance Q2FY22 H1FY22 ResultUpdate