Stock Report

Bharat Seats Ltd reports Rs. 1.68 crore profit in Q2FY22



Posted On : 2021-10-22 16:09:37( TIMEZONE : IST )

The Board of Directors of BHARAT SEATS 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 ₹ 192.3113 crore, against ₹150.4324 crore in the corresponding quarter of the previous year (YoY) and ₹170.0537 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.6897 crore, against ₹3.3067 crore in the corresponding quarter of the previous year (YoY) and ₹0.4257 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.54, against ₹1.05 in the corresponding quarter of the previous year (YoY) and ₹0.14 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 192.3113 crs ₹170.0537 crs Up Tick / Down Tick13.09% ₹150.4324 crs Up Tick / Down Tick27.84%
Net Profit ₹1.6897 crs ₹0.4257 crs Up Tick / Down Tick296.92% ₹3.3067 crs Up Tick / Down Tick-48.90 %
EPS ₹0.54 ₹0.14 Up Tick / Down Tick285.71% ₹1.05 Up Tick / Down Tick-48.57%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹362.3650 crore, against ₹172.1473 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.1154 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-7.2083 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.67 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-2.30 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹362.3650 crs ₹172.1473 crs Up Tick / Down Tick110.50%
Net Profit ₹2.1154 crs ₹-7.2083 crs Up Tick / Down Tick129.35%
EPS ₹0.67 ₹-2.30 Up Tick / Down Tick129.13%

Shares of BHARAT SEATS LTD. was last trading in BSE at Rs. 80.05 as compared to the previous close of Rs. 80.40. The total number of shares traded during the day was 28329 in over 255 trades.

The stock hit an intraday high of Rs. 81.70 and intraday low of 79.50. The net turnover during the day was Rs. 2273893.00.

Source : Equity Bulls

Keywords

BharatSeats Q2FY22 H1FY22 ResultUpdate