Machino Plastics Ltd Q2FY22 net profit at Rs. 25.09 lakhs

MACHINO PLASTICS LTD. 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. 67.2985 crores during the period ended September 30, 2021 as compared to Rs. 48.3130 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -0.2509 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -2.4485 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -0.41 for the period ended September 30, 2021 as compared to Rs. -3.99 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 67.2985 crs	₹48.3130 crs	39.30%
Net Profit	₹-0.2509 crs	₹-2.4485 crs	89.75%
EPS	₹-0.41	₹-3.99	89.72%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 67.2985 crores during the period ended September 30, 2021 as compared to Rs.55.5154 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.2509 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-1.4585 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-0.41 for the period ended September 30, 2021 as compared to Rs.-2.38 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 67.2985 crs	₹55.5154 crs	21.22%
Net Profit	₹-0.2509 crs	₹-1.4585 crs	82.80%
EPS	₹-0.41	₹-2.38	82.77%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.115.6115 crores during the 6 Months period ended September 30, 2021 as compared to Rs.68.8151 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-2.6994 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-9.3807 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-4.40 for the 6 Months period ended September 30, 2021 as compared to Rs.-15.29 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹115.6115 crs	₹68.8151 crs	68.00%
Net Profit	₹-2.6994 crs	₹-9.3807 crs	71.22%
EPS	₹-4.40	₹-15.29	71.22%

Shares of MACHINO PLASTICS LTD. was last trading in BSE at Rs. 113.15 as compared to the previous close of Rs. 117.55. The total number of shares traded during the day was 1083 in over 19 trades.

The stock hit an intraday high of Rs. 124.90 and intraday low of 110.50. The net turnover during the day was Rs. 122686.00.

Source : Equity Bulls

Keywords

MachinoPlastics Q2FY22 H1FY22 ResultUpdate