Stock Report

Orient Cement Ltd reports Rs. 56.88 crore profit in Q2 FY22

Posted On : 2021-10-25 19:19:00( TIMEZONE : IST )

The Board of Directors of Orient Cement Limited, 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 ₹ 616.1150 crore, against ₹480.1843 crore in the corresponding quarter of the previous year (YoY) and ₹693.0035 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹56.8810 crore, against ₹34.8187 crore in the corresponding quarter of the previous year (YoY) and ₹89.4580 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.78, against ₹1.70 in the corresponding quarter of the previous year (YoY) and ₹4.37 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 616.1150 crs	₹693.0035 crs	-11.09%	₹480.1843 crs	28.31%
Net Profit	₹56.8810 crs	₹89.4580 crs	-36.42%	₹34.8187 crs	63.36 %
EPS	₹2.78	₹4.37	-36.38%	₹1.70	63.53%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1309.1185 crore, against ₹896.1751 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹146.3390 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹60.4234 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹7.14 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.95 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1309.1185 crs	₹896.1751 crs	46.08%
Net Profit	₹146.3390 crs	₹60.4234 crs	142.19%
EPS	₹7.14	₹2.95	142.03%

Shares of Orient Cement Limited was last trading in BSE at Rs. 146.70 as compared to the previous close of Rs. 152.90. The total number of shares traded during the day was 45264 in over 1133 trades.

The stock hit an intraday high of Rs. 156.00 and intraday low of 145.20. The net turnover during the day was Rs. 6688076.00.