Stock Report

Steel Strips Wheels Ltd Q2FY22 PAT jumps to Rs. 62.80 crore



Posted On : 2021-10-22 15:50:24( TIMEZONE : IST )

Steel Strips Wheels Limited 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. 961.6256 crores during the period ended September 30, 2021 as compared to Rs. 680.3997 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 62.8027 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 51.0848 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 40.14 for the period ended September 30, 2021 as compared to Rs. 32.66 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 961.6256 crs ₹680.3997 crs Up Tick / Down Tick41.33%
Net Profit ₹62.8027 crs ₹51.0848 crs Up Tick / Down Tick22.94%
EPS ₹40.14 ₹32.66 Up Tick / Down Tick22.90%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 961.6256 crores during the period ended September 30, 2021 as compared to Rs.409.9092 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.62.8027 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.14.0243 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.40.14 for the period ended September 30, 2021 as compared to Rs.8.99 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 961.6256 crs ₹409.9092 crs Up Tick / Down Tick134.59%
Net Profit ₹62.8027 crs ₹14.0243 crs Up Tick / Down Tick347.81%
EPS ₹40.14 ₹8.99 Up Tick / Down Tick346.50%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1642.0253 crores during the 6 Months period ended September 30, 2021 as compared to Rs.531.0435 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.113.8875 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-24.0668 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.72.79 for the 6 Months period ended September 30, 2021 as compared to Rs.-15.42 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹1642.0253 crs ₹531.0435 crs Up Tick / Down Tick209.21%
Net Profit ₹113.8875 crs ₹-24.0668 crs Up Tick / Down Tick573.21%
EPS ₹72.79 ₹-15.42 Up Tick / Down Tick572.05%

Shares of Steel Strips Wheels Limited was last trading in BSE at Rs. 1801.85 as compared to the previous close of Rs. 1809.60. The total number of shares traded during the day was 1701 in over 177 trades.

The stock hit an intraday high of Rs. 1875.00 and intraday low of 1760.00. The net turnover during the day was Rs. 3069624.00.

Source : Equity Bulls

Keywords

SSWL Q2FY22 H1FY22 ResultUpdate SteelStripsWheels