Gagan Gases Ltd Q2FY22 PAT at Rs. 6.43 lakhs

GAGAN GASES 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. 0.8121 crores during the period ended September 30, 2021 as compared to Rs. 0.5296 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.0643 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.0172 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.14 for the period ended September 30, 2021 as compared to Rs. 0.04 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 0.8121 crs	₹0.5296 crs	53.34%
Net Profit	₹0.0643 crs	₹0.0172 crs	273.84%
EPS	₹0.14	₹0.04	250.00%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.8121 crores during the period ended September 30, 2021 as compared to Rs.0.5308 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.0643 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.0690 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.14 for the period ended September 30, 2021 as compared to Rs.0.15 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 0.8121 crs	₹0.5308 crs	53.00%
Net Profit	₹0.0643 crs	₹0.0690 crs	-6.81%
EPS	₹0.14	₹0.15	-6.67%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1.3418 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.6931 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.0816 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.0080 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.18 for the 6 Months period ended September 30, 2021 as compared to Rs.0.02 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1.3418 crs	₹0.6931 crs	93.59%
Net Profit	₹0.0816 crs	₹0.0080 crs	920.00%
EPS	₹0.18	₹0.02	800.00%

Shares of GAGAN GASES LTD. was last trading in BSE at Rs. 14.10 as compared to the previous close of Rs. 12.82. The total number of shares traded during the day was 43666 in over 241 trades.

The stock hit an intraday high of Rs. 14.10 and intraday low of 13.08. The net turnover during the day was Rs. 604382.00.

Source : Equity Bulls

Keywords

GaganGases Q2FY22 H1FY22 ResultUpdate