Valiant Organics Ltd consolidated Q2 PAT drops to Rs. 25.59 crore

The Board of Directors of Valiant Organics 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 ₹ 274.8408 crore, against ₹168.9409 crore in the corresponding quarter of the previous year (YoY) and ₹245.0404 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹25.5910 crore, against ₹28.6755 crore in the corresponding quarter of the previous year (YoY) and ₹26.6544 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹9.15, against ₹10.25 in the corresponding quarter of the previous year (YoY) and ₹9.53 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 274.8408 crs	₹245.0404 crs	12.16%	₹168.9409 crs	62.68%
Net Profit	₹25.5910 crs	₹26.6544 crs	-3.99%	₹28.6755 crs	-10.76 %
EPS	₹9.15	₹9.53	-3.99%	₹10.25	-10.73%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹519.8812 crore, against ₹318.2108 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹52.2453 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹55.3846 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹18.68 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹19.81 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹519.8812 crs	₹318.2108 crs	63.38%
Net Profit	₹52.2453 crs	₹55.3846 crs	-5.67%
EPS	₹18.68	₹19.81	-5.70%

Shares of Valiant Organics Limited was last trading in BSE at Rs. 1420.85 as compared to the previous close of Rs. 1429.10. The total number of shares traded during the day was 2889 in over 420 trades.

The stock hit an intraday high of Rs. 1541.00 and intraday low of 1405.05. The net turnover during the day was Rs. 4220883.00.

Source : Equity Bulls

Keywords

ValiantOrganics Q2FY22 H1FY22 ResultUpdate