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Avantel Ltd consolidated Q2 FY2021-22 profit up at Rs. 3.44 crore



Posted On : 2021-11-04 21:47:37( TIMEZONE : IST )

Avantel Ltd consolidated Q2 FY2021-22 profit up at Rs. 3.44 crore

The Board of Directors of AVANTEL LTD., at its meeting held today have approved the unaudited Consolidated 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 ₹ 15.8497 crore, against ₹12.6461 crore in the corresponding quarter of the previous year (YoY) and ₹14.0418 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹3.4419 crore, against ₹3.2895 crore in the corresponding quarter of the previous year (YoY) and ₹3.0735 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹8.49, against ₹8.11 in the corresponding quarter of the previous year (YoY) and ₹7.58 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 15.8497 crs ₹14.0418 crs Up Tick / Down Tick12.88% ₹12.6461 crs Up Tick / Down Tick25.33%
Net Profit ₹3.4419 crs ₹3.0735 crs Up Tick / Down Tick11.99% ₹3.2895 crs Up Tick / Down Tick4.63 %
EPS ₹8.49 ₹7.58 Up Tick / Down Tick12.01% ₹8.11 Up Tick / Down Tick4.69%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹29.8915 crore, against ₹23.9428 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹6.5155 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹4.7373 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹16.07 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹11.68 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹29.8915 crs ₹23.9428 crs Up Tick / Down Tick24.85%
Net Profit ₹6.5155 crs ₹4.7373 crs Up Tick / Down Tick37.54%
EPS ₹16.07 ₹11.68 Up Tick / Down Tick37.59%

Shares of AVANTEL LTD. was last trading in BSE at Rs. 809.90 as compared to the previous close of Rs. 819.60. The total number of shares traded during the day was 1159 in over 95 trades.

The stock hit an intraday high of Rs. 835.00 and intraday low of 805.00. The net turnover during the day was Rs. 944173.00.

Source : Equity Bulls

Keywords

Avantel Q2FY22 H1FY22 ResultUpdate