Gandhi Special Tubes Ltd Q2FY22 net profit slips QoQ to Rs. 10.87 crore

Gandhi Special Tubes Limited has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 38.5963 crores during the period ended September 30, 2021 as compared to Rs. 34.8180 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 10.8734 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 11.0707 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 8.42 for the period ended September 30, 2021 as compared to Rs. 8.57 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 38.5963 crs	₹34.8180 crs	10.85%
Net Profit	₹10.8734 crs	₹11.0707 crs	-1.78%
EPS	₹8.42	₹8.57	-1.75%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 38.5963 crores during the period ended September 30, 2021 as compared to Rs.27.2107 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.10.8734 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.8.1427 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.8.42 for the period ended September 30, 2021 as compared to Rs.6.30 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 38.5963 crs	₹27.2107 crs	41.84%
Net Profit	₹10.8734 crs	₹8.1427 crs	33.54%
EPS	₹8.42	₹6.30	33.65%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.73.4143 crores during the 6 Months period ended September 30, 2021 as compared to Rs.40.0309 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.21.9441 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.11.2854 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.16.99 for the 6 Months period ended September 30, 2021 as compared to Rs.8.74 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹73.4143 crs	₹40.0309 crs	83.39%
Net Profit	₹21.9441 crs	₹11.2854 crs	94.45%
EPS	₹16.99	₹8.74	94.39%

Shares of Gandhi Special Tubes Limited was last trading in BSE at Rs. 435.70 as compared to the previous close of Rs. 436.45. The total number of shares traded during the day was 130 in over 16 trades.

The stock hit an intraday high of Rs. 437.60 and intraday low of 428.00. The net turnover during the day was Rs. 56586.00.

Source : Equity Bulls

Keywords

GandhiSpecialTubes Q2FY22 H1FY22 ResultUpdate