Stock Report

Mahan Industries Ltd posts loss in Q2FY22



Posted On : 2021-10-25 16:52:34( TIMEZONE : IST )

Mahan Industries Ltd posts loss in Q2FY22

MAHAN INDUSTRIES LTD. 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. 0.1393 crores during the period ended September 30, 2021 as compared to Rs. 0.0686 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -0.1172 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -0.0592 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -0.03 for the period ended September 30, 2021 as compared to Rs. -0.02 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 0.1393 crs ₹0.0686 crs Up Tick / Down Tick103.06%
Net Profit ₹-0.1172 crs ₹-0.0592 crs Up Tick / Down Tick97.97%
EPS ₹-0.03 ₹-0.02 Up Tick / Down Tick50.00%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.1393 crores during the period ended September 30, 2021 as compared to Rs.0.0303 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.1172 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.4918 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-0.03 for the period ended September 30, 2021 as compared to Rs.-0.14 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 0.1393 crs ₹0.0303 crs Up Tick / Down Tick359.74%
Net Profit ₹-0.1172 crs ₹-0.4918 crs Up Tick / Down Tick76.17%
EPS ₹-0.03 ₹-0.14 Up Tick / Down Tick78.57%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.0.2079 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.0305 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.1764 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-0.5259 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-0.05 for the 6 Months period ended September 30, 2021 as compared to Rs.-0.14 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹0.2079 crs ₹0.0305 crs Up Tick / Down Tick581.64%
Net Profit ₹-0.1764 crs ₹-0.5259 crs Up Tick / Down Tick66.46%
EPS ₹-0.05 ₹-0.14 Up Tick / Down Tick64.29%

Shares of MAHAN INDUSTRIES LTD. was last trading in BSE at Rs. 0.34 as compared to the previous close of Rs. 0.33. The total number of shares traded during the day was 19308 in over 9 trades.

The stock hit an intraday high of Rs. 0.34 and intraday low of 0.34. The net turnover during the day was Rs. 6564.00.

Source : Equity Bulls

Keywords

MahanIndustries Q2FY22 H1FY22 ResultUpdate