Stock Report

Panchmahal Steel Ltd posts surge in Q2FY22 profit to Rs. 19.14 crore

Posted On : 2021-11-04 15:27:41( TIMEZONE : IST )

PANCHMAHAL STEEL 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. 162.8527 crores during the period ended September 30, 2021 as compared to Rs. 91.4367 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 19.1483 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 6.3480 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 10.04 for the period ended September 30, 2021 as compared to Rs. 3.33 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 162.8527 crs	₹91.4367 crs	78.10%
Net Profit	₹19.1483 crs	₹6.3480 crs	201.64%
EPS	₹10.04	₹3.33	201.50%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 162.8527 crores during the period ended September 30, 2021 as compared to Rs.92.4150 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.19.1483 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.3744 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.10.04 for the period ended September 30, 2021 as compared to Rs.-0.20 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 162.8527 crs	₹92.4150 crs	76.22%
Net Profit	₹19.1483 crs	₹-0.3744 crs	5,214.40%
EPS	₹10.04	₹-0.20	5,120.00%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.254.2894 crores during the 6 Months period ended September 30, 2021 as compared to Rs.137.3463 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.25.4963 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-5.4951 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.13.36 for the 6 Months period ended September 30, 2021 as compared to Rs.-2.88 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹254.2894 crs	₹137.3463 crs	85.14%
Net Profit	₹25.4963 crs	₹-5.4951 crs	563.98%
EPS	₹13.36	₹-2.88	563.89%

Shares of PANCHMAHAL STEEL LTD. was last trading in BSE at Rs. 129.60 as compared to the previous close of Rs. 119.55. The total number of shares traded during the day was 112762 in over 1185 trades.

The stock hit an intraday high of Rs. 134.50 and intraday low of 120.00. The net turnover during the day was Rs. 14566875.00.