TIPS Industries Ltd Q2FY22 PAT jumps to Rs. 21.01 crore

The Board of Directors of TIPS Industries 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 ₹96.9069 crore, against ₹16.8783 crore in the corresponding quarter of the previous year (YoY) and ₹29.0814 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹21.0157 crore, against ₹6.7297 crore in the corresponding quarter of the previous year (YoY) and ₹14.5813 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹16.20, against ₹5.19 in the corresponding quarter of the previous year (YoY) and ₹11.24 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹96.9069 crs	₹29.0814 crs	233.23%	₹16.8783 crs	474.15%
Net Profit	₹21.0157 crs	₹14.5813 crs	44.13%	₹6.7297 crs	212.28 %
EPS	₹16.20	₹11.24	44.13%	₹5.19	212.14%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹125.9883 crore, against ₹32.5184 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹35.5970 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹12.8120 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹27.45 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹9.42 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹125.9883 crs	₹32.5184 crs	287.44%
Net Profit	₹35.5970 crs	₹12.8120 crs	177.84%
EPS	₹27.45	₹9.42	191.40%

Shares of TIPS Industries Limited was last trading in BSE at Rs. 1504.70 as compared to the previous close of Rs. 1521.75. The total number of shares traded during the day was 1654 in over 172 trades.

The stock hit an intraday high of Rs. 1552.10 and intraday low of 1446.00. The net turnover during the day was Rs. 2470353.00.

Source : Equity Bulls

Keywords

TIPSIndustries Q2FY22 H1FY22 ResultUpdate