Stock Report

VIP Industries Ltd reports surge in consolidated profit for Q2FY22



Posted On : 2021-10-31 07:50:49( TIMEZONE : IST )

VIP Industries Ltd reports surge in consolidated profit for Q2FY22

VIP Industries Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 336.79 crores during the period ended September 30, 2021 as compared to Rs. 220.55 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 18.54 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 2.53 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 1.31 for the period ended September 30, 2021 as compared to Rs. 0.18 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 336.79 crs ₹220.55 crs Up Tick / Down Tick52.70%
Net Profit ₹18.54 crs ₹2.53 crs Up Tick / Down Tick632.81%
EPS ₹1.31 ₹0.18 Up Tick / Down Tick627.78%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 336.79 crores during the period ended September 30, 2021 as compared to Rs.107.98 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.18.54 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-35.39 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.1.31 for the period ended September 30, 2021 as compared to Rs.-2.50 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 336.79 crs ₹107.98 crs Up Tick / Down Tick211.90%
Net Profit ₹18.54 crs ₹-35.39 crs Up Tick / Down Tick152.39%
EPS ₹1.31 ₹-2.50 Up Tick / Down Tick152.40%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.557.34 crores during the 6 Months period ended September 30, 2021 as compared to Rs.166.02 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.21.07 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-86.71 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.1.49 for the 6 Months period ended September 30, 2021 as compared to Rs.-6.14 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹557.34 crs ₹166.02 crs Up Tick / Down Tick235.71%
Net Profit ₹21.07 crs ₹-86.71 crs Up Tick / Down Tick124.30%
EPS ₹1.49 ₹-6.14 Up Tick / Down Tick124.27%

Shares of VIP Industries Limited was last trading in BSE at Rs. 542.85 as compared to the previous close of Rs. 531.55. The total number of shares traded during the day was 32132 in over 1818 trades.

The stock hit an intraday high of Rs. 552.00 and intraday low of 516.95. The net turnover during the day was Rs. 17338571.00.

Source : Equity Bulls

Keywords

VIPIndustries Q2FY22 H1FY22 ResultUpdate