PSP Projects Ltd consolidated Q2FY22 PAT rises to Rs. 36.39 crore

The Board of Directors of PSP Projects 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 ₹ 394.8266 crore, against ₹247.6561 crore in the corresponding quarter of the previous year (YoY) and ₹320.8899 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹36.3925 crore, against ₹14.0696 crore in the corresponding quarter of the previous year (YoY) and ₹24.9085 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹10.11, against ₹3.91 in the corresponding quarter of the previous year (YoY) and ₹6.92 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 394.8266 crs	₹320.8899 crs	23.04%	₹247.6561 crs	59.43%
Net Profit	₹36.3925 crs	₹24.9085 crs	46.10%	₹14.0696 crs	158.66 %
EPS	₹10.11	₹6.92	46.10%	₹3.91	158.57%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹715.7165 crore, against ₹359.4197 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹61.3010 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹10.6254 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹17.03 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	₹715.7165 crs	₹359.4197 crs	99.13%
Net Profit	₹61.3010 crs	₹10.6254 crs	476.93%
EPS	₹17.03	₹2.95	477.29%

Shares of PSP Projects Limited was last trading in BSE at Rs. 518.15 as compared to the previous close of Rs. 506.25. The total number of shares traded during the day was 45884 in over 1834 trades.

The stock hit an intraday high of Rs. 523.45 and intraday low of 504.65. The net turnover during the day was Rs. 23573869.00.

Source : Equity Bulls

Keywords

PSPProjects Q2FY22 H1FY22 ResultUpdate