Ravindra Energy Ltd reports consolidated profit of Rs. 2.66 crore in Q2FY22

The Board of Directors of Ravindra Energy Ltd, 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 ₹ 6.7262 crore, against ₹7.1458 crore in the corresponding quarter of the previous year (YoY) and ₹17.2171 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.6607 crore, against ₹-0.6892 crore in the corresponding quarter of the previous year (YoY) and ₹-0.2317 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2, against ₹-0.57 in the corresponding quarter of the previous year (YoY) and ₹-0.19 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 6.7262 crs	₹17.2171 crs	-60.93%	₹7.1458 crs	-5.87%
Net Profit	₹2.6607 crs	₹-0.2317 crs	1,248.34%	₹-0.6892 crs	486.06 %
EPS	₹2	₹-0.19	1,152.63%	₹-0.57	450.88%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹23.9433 crore, against ₹16.2858 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.4290 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.1283 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹1.81 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.94 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹23.9433 crs	₹16.2858 crs	47.02%
Net Profit	₹2.4290 crs	₹-1.1283 crs	315.28%
EPS	₹1.81	₹-0.94	292.55%

Shares of Ravindra Energy Ltd was last trading in BSE at Rs. 48.50 as compared to the previous close of Rs. 46.20. The total number of shares traded during the day was 4435 in over 48 trades.

The stock hit an intraday high of Rs. 48.50 and intraday low of 45.55. The net turnover during the day was Rs. 212912.00.

Source : Equity Bulls

Keywords

RavindraEnergy Q2FY22 H1FY22 ResultUpdate