Stock Report

Arfin India Ltd posts surge in Q2FY22 net profit to Rs. 2.36 crore



Posted On : 2021-10-20 10:20:36( TIMEZONE : IST )

The Board of Directors of Arfin India Ltd, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 132.45 crore, against ₹76.6499 crore in the corresponding quarter of the previous year (YoY) and ₹99.3436 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.3696 crore, against ₹1.0257 crore in the corresponding quarter of the previous year (YoY) and ₹1.1008 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.49, against ₹0.65 in the corresponding quarter of the previous year (YoY) and ₹0.69 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 132.45 crs ₹99.3436 crs Up Tick / Down Tick33.33% ₹76.6499 crs Up Tick / Down Tick72.80%
Net Profit ₹2.3696 crs ₹1.1008 crs Up Tick / Down Tick115.26% ₹1.0257 crs Up Tick / Down Tick131.02 %
EPS ₹1.49 ₹0.69 Up Tick / Down Tick115.94% ₹0.65 Up Tick / Down Tick129.23%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹231.7937 crore, against ₹118.3754 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹3.4704 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.0734 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.18 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.68 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹231.7937 crs ₹118.3754 crs Up Tick / Down Tick95.81%
Net Profit ₹3.4704 crs ₹1.0734 crs Up Tick / Down Tick223.31%
EPS ₹2.18 ₹0.68 Up Tick / Down Tick220.59%

Shares of Arfin India Ltd was last trading in BSE at Rs. 86.25 as compared to the previous close of Rs. 92.70. The total number of shares traded during the day was 36727 in over 411 trades.

The stock hit an intraday high of Rs. 101.60 and intraday low of 83.45. The net turnover during the day was Rs. 3449000.00.

Source : Equity Bulls

Keywords

ArfinIndia Q2FY22 H1FY22 ResultUpdate