Kranti Industries Ltd posts consolidated net profit of Rs. 75.07 lakhs in Q2FY22

Kranti Industries Ltd 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. 25.5258 crores during the period ended September 30, 2021 as compared to Rs. 19.6504 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.7507 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.5960 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.71 for the period ended September 30, 2021 as compared to Rs. 0.56 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 25.5258 crs	₹19.6504 crs	29.90%
Net Profit	₹0.7507 crs	₹0.5960 crs	25.96%
EPS	₹0.71	₹0.56	26.79%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 25.5258 crores during the period ended September 30, 2021 as compared to Rs.11.9570 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.7507 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.3198 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.71 for the period ended September 30, 2021 as compared to Rs.-0.37 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 25.5258 crs	₹11.9570 crs	113.48%
Net Profit	₹0.7507 crs	₹-0.3198 crs	334.74%
EPS	₹0.71	₹-0.37	291.89%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.45.1762 crores during the 6 Months period ended September 30, 2021 as compared to Rs.15.8184 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.3467 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-2.6269 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.1.27 for the 6 Months period ended September 30, 2021 as compared to Rs.-2.48 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹45.1762 crs	₹15.8184 crs	185.59%
Net Profit	₹1.3467 crs	₹-2.6269 crs	151.27%
EPS	₹1.27	₹-2.48	151.21%

Shares of Kranti Industries Ltd was last trading in BSE at Rs. 33.10 as compared to the previous close of Rs. 34.10. The total number of shares traded during the day was 13627 in over 76 trades.

The stock hit an intraday high of Rs. 34.80 and intraday low of 32.00. The net turnover during the day was Rs. 455198.00.

Source : Equity Bulls

Keywords

KrantiIndustries Q2FY22 H1FY22 ResultUpdate