Stock Report

Kintech Renewables Ltd posts Rs. 3.17 lakhs profit in Q2 FY22

Posted On : 2021-10-26 18:38:42( TIMEZONE : IST )

The Board of Directors of Kintech Renewables 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 ₹ 0.0848 crore, against ₹0.2188 crore in the corresponding quarter of the previous year (YoY) and ₹0.1180 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.0317 crore, against ₹0.0923 crore in the corresponding quarter of the previous year (YoY) and ₹0.0349 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 ₹0.92 in the corresponding quarter of the previous year (YoY) and ₹0.35 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 0.0848 crs	₹0.1180 crs	-28.14%	₹0.2188 crs	-61.24%
Net Profit	₹0.0317 crs	₹0.0349 crs	-9.17%	₹0.0923 crs	-65.66 %
EPS	₹0.32	₹0.35	-8.57%	₹0.92	-65.22%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹0.2028 crore, against ₹0.9071 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.0666 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.1203 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 ₹1.20 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹0.2028 crs	₹0.9071 crs	-77.64%
Net Profit	₹0.0666 crs	₹0.1203 crs	-44.64%
EPS	₹0.67	₹1.20	-44.17%

Shares of Kintech Renewables Ltd was last trading in BSE at Rs. 197.75 as compared to the previous close of Rs. 208.15. The total number of shares traded during the day was 50 in over 1 trades.

The stock hit an intraday high of Rs. 197.75 and intraday low of 197.75. The net turnover during the day was Rs. 9887.00.