High Energy Batteries India Ltd Q2FY22 profit at Rs. 8.81 crore

The Board of Directors of HIGH ENERGY BATTERIES (INDIA) LTD., 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 ₹ 26.5203 crore, against ₹30.2054 crore in the corresponding quarter of the previous year (YoY) and ₹10.8002 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹8.8119 crore, against ₹10.5957 crore in the corresponding quarter of the previous year (YoY) and ₹1.1681 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹49.15, against ₹59.10 in the corresponding quarter of the previous year (YoY) and ₹6.52 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 26.5203 crs	₹10.8002 crs	145.55%	₹30.2054 crs	-12.20%
Net Profit	₹8.8119 crs	₹1.1681 crs	654.38%	₹10.5957 crs	-16.84 %
EPS	₹49.15	₹6.52	653.83%	₹59.10	-16.84%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹37.3205 crore, against ₹34.1173 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹9.98 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹9.0083 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹55.67 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹50.25 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹37.3205 crs	₹34.1173 crs	9.39%
Net Profit	₹9.98 crs	₹9.0083 crs	10.79%
EPS	₹55.67	₹50.25	10.79%

Shares of HIGH ENERGY BATTERIES (INDIA) LTD. was last trading in BSE at Rs. 1889.60 as compared to the previous close of Rs. 1930.30. The total number of shares traded during the day was 4877 in over 348 trades.

The stock hit an intraday high of Rs. 2018.70 and intraday low of 1833.80. The net turnover during the day was Rs. 9425585.00.

Source : Equity Bulls

Keywords

HighEnergyBatteriesIndia Q2FY22 H1FY22 ResultUpdate