Mahindra EPC Irrigation Ltd posts consolidated loss of Rs. 1.01 crore in Q2FY22

The Board of Directors of Mahindra EPC Irrigation 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 ₹ 55.7966 crore, against ₹55.5974 crore in the corresponding quarter of the previous year (YoY) and ₹38.7015 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-1.0170 crore, against ₹4.0961 crore in the corresponding quarter of the previous year (YoY) and ₹-3.4119 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.37, against ₹1.47 in the corresponding quarter of the previous year (YoY) and ₹-1.22 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 55.7966 crs	₹38.7015 crs	44.17%	₹55.5974 crs	0.36%
Net Profit	₹-1.0170 crs	₹-3.4119 crs	70.19%	₹4.0961 crs	-124.83 %
EPS	₹-0.37	₹-1.22	69.67%	₹1.47	-125.17%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹94.4981 crore, against ₹103.7709 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-4.4290 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹7.1876 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-1.59 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.58 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹94.4981 crs	₹103.7709 crs	-8.94%
Net Profit	₹-4.4290 crs	₹7.1876 crs	-161.62%
EPS	₹-1.59	₹2.58	-161.63%

Shares of Mahindra EPC Irrigation Limited was last trading in BSE at Rs. 131.30 as compared to the previous close of Rs. 132.30. The total number of shares traded during the day was 973 in over 57 trades.

The stock hit an intraday high of Rs. 132.25 and intraday low of 130.30. The net turnover during the day was Rs. 128026.00.

Source : Equity Bulls

Keywords

MahindraEPCIrrigation Q2FY22 H1FY22 ResultUpdate