AksharChem India Ltd Q2FY22 PAT drops QoQ to Rs. 3.16 crore

The Board of Directors of AksharChem India Limited, 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 ₹83.0646 crore, against ₹50.2698 crore in the corresponding quarter of the previous year (YoY) and ₹95.8975 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹3.1681 crore, against ₹1.3238 crore in the corresponding quarter of the previous year (YoY) and ₹4.8296 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹3.86, against ₹1.61 in the corresponding quarter of the previous year (YoY) and ₹5.89 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹83.0646 crs	₹95.8975 crs	-13.38%	₹50.2698 crs	65.24%
Net Profit	₹3.1681 crs	₹4.8296 crs	-34.40%	₹1.3238 crs	139.32 %
EPS	₹3.86	₹5.89	-34.47%	₹1.61	139.75%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹178.9621 crore, against ₹104.6426 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹7.9977 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹3.5820 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹9.75 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹4.37 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹178.9621 crs	₹104.6426 crs	71.02%
Net Profit	₹7.9977 crs	₹3.5820 crs	123.27%
EPS	₹9.75	₹4.37	123.11%

Shares of AksharChem India Limited was last trading in BSE at Rs. 506.65 as compared to the previous close of Rs. 517.90. The total number of shares traded during the day was 4447 in over 549 trades.

The stock hit an intraday high of Rs. 519.80 and intraday low of 500.60. The net turnover during the day was Rs. 2275278.00.

Source : Equity Bulls

Keywords

AksharChemIndia Q2FY22 H1FY22 ResultUpdate