Shriram Asset Management Company Ltd Q2FY22 net profit at Rs. 19.54 lakhs

The Board of Directors of SHRIRAM ASSET MANAGEMENT CO.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 ₹ 1.5043 crore, against ₹0.9901 crore in the corresponding quarter of the previous year (YoY) and ₹1.2866 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.1954 crore, against ₹-0.3568 crore in the corresponding quarter of the previous year (YoY) and ₹0.0621 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.32, against ₹-0.59 in the corresponding quarter of the previous year (YoY) and ₹0.10 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 1.5043 crs	₹1.2866 crs	16.92%	₹0.9901 crs	51.93%
Net Profit	₹0.1954 crs	₹0.0621 crs	214.65%	₹-0.3568 crs	154.76 %
EPS	₹0.32	₹0.10	220.00%	₹-0.59	154.24%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹2.7908 crore, against ₹2.1373 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.2575 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.4243 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.42 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.71 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹2.7908 crs	₹2.1373 crs	30.58%
Net Profit	₹0.2575 crs	₹-0.4243 crs	160.69%
EPS	₹0.42	₹-0.71	159.15%

Shares of SHRIRAM ASSET MANAGEMENT CO.LTD. was last trading in BSE at Rs. 140.65 as compared to the previous close of Rs. 148.00. The total number of shares traded during the day was 566 in over 24 trades.

The stock hit an intraday high of Rs. 148.00 and intraday low of 140.60. The net turnover during the day was Rs. 81740.00.

Source : Equity Bulls

Keywords

ShriramAssetManagementCompany Q2FY22 H1FY22 ResultUpdate