Bhagwati Autocast Ltd Q2FY22 net profit at Rs. 59.33 lakhs

The Board of Directors of BHAGWATI AUTOCAST 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 ₹ 34.6341 crore, against ₹27.5373 crore in the corresponding quarter of the previous year (YoY) and ₹32.7889 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.5933 crore, against ₹0.5055 crore in the corresponding quarter of the previous year (YoY) and ₹0.3707 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.06, against ₹1.75 in the corresponding quarter of the previous year (YoY) and ₹1.29 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 34.6341 crs	₹32.7889 crs	5.63%	₹27.5373 crs	25.77%
Net Profit	₹0.5933 crs	₹0.3707 crs	60.05%	₹0.5055 crs	17.37 %
EPS	₹2.06	₹1.29	59.69%	₹1.75	17.71%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹67.4230 crore, against ₹39.7175 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.9640 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.4624 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹3.35 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.61 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹67.4230 crs	₹39.7175 crs	69.76%
Net Profit	₹0.9640 crs	₹-0.4624 crs	308.48%
EPS	₹3.35	₹-1.61	308.07%

Shares of BHAGWATI AUTOCAST LTD. was last trading in BSE at Rs. 177.95 as compared to the previous close of Rs. 184.00. The total number of shares traded during the day was 1144 in over 19 trades.

The stock hit an intraday high of Rs. 189.00 and intraday low of 172.55. The net turnover during the day was Rs. 205096.00.

Source : Equity Bulls

Keywords

BhagwatiAutocast Q2FY22 H1FY22 ResultUpdate