Menon Bearings Ltd Q2FY22 PAT at Rs. 5.87 crore

The Board of Directors of Menon Bearings Limited, at its meeting held today have approved the unaudited Consolidated 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 ₹ 48.9816 crore, against ₹37.3044 crore in the corresponding quarter of the previous year (YoY) and ₹47.0390 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹5.8797 crore, against ₹4.5336 crore in the corresponding quarter of the previous year (YoY) and ₹6.5703 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.05, against ₹0.81 in the corresponding quarter of the previous year (YoY) and ₹1.17 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 48.9816 crs	₹47.0390 crs	4.13%	₹37.3044 crs	31.30%
Net Profit	₹5.8797 crs	₹6.5703 crs	-10.51%	₹4.5336 crs	29.69 %
EPS	₹1.05	₹1.17	-10.26%	₹0.81	29.63%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹96.0206 crore, against ₹59.1889 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹12.45 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹6.6583 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.22 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.19 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹96.0206 crs	₹59.1889 crs	62.23%
Net Profit	₹12.45 crs	₹6.6583 crs	86.98%
EPS	₹2.22	₹1.19	86.55%

Shares of Menon Bearings Limited was last trading in BSE at Rs. 76.20 as compared to the previous close of Rs. 81.80. The total number of shares traded during the day was 33436 in over 973 trades.

The stock hit an intraday high of Rs. 83.30 and intraday low of 75.00. The net turnover during the day was Rs. 2617834.00.

Source : Equity Bulls

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MenonBearings Q2FY22 H1FY22 ResultUpdate