Mangalam Organics Ltd Q2FY22 consolidated PAT jumps to Rs. 22.31 crore

The Board of Directors of Mangalam Organics 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 ₹ 143.8551 crore, against ₹86.3028 crore in the corresponding quarter of the previous year (YoY) and ₹105.9469 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹22.3143 crore, against ₹14.3286 crore in the corresponding quarter of the previous year (YoY) and ₹14.9894 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹26.05, against ₹16.73 in the corresponding quarter of the previous year (YoY) and ₹17.50 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 143.8551 crs	₹105.9469 crs	35.78%	₹86.3028 crs	66.69%
Net Profit	₹22.3143 crs	₹14.9894 crs	48.87%	₹14.3286 crs	55.73 %
EPS	₹26.05	₹17.50	48.86%	₹16.73	55.71%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹249.8020 crore, against ₹135.2069 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹37.3037 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹22.1552 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹43.56 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹25.87 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹249.8020 crs	₹135.2069 crs	84.76%
Net Profit	₹37.3037 crs	₹22.1552 crs	68.37%
EPS	₹43.56	₹25.87	68.38%

Shares of Mangalam Organics Limited was last trading in BSE at Rs. 795.15 as compared to the previous close of Rs. 767.60. The total number of shares traded during the day was 65629 in over 1950 trades.

The stock hit an intraday high of Rs. 814.00 and intraday low of 770.00. The net turnover during the day was Rs. 51943659.00.

Source : Equity Bulls

Keywords

MangalamOrganics Q2FY22 H1FY22 ResultUpdate