Garnet International Ltd reports consolidated profit of Rs. 24.42 lakhs in Q2FY22

The Board of Directors of GARNET INTERNATIONAL 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 ₹ 14.4526 crore, against ₹4.1734 crore in the corresponding quarter of the previous year (YoY) and ₹8.9495 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.2442 crore, against ₹-0.8113 crore in the corresponding quarter of the previous year (YoY) and ₹-1.4907 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.12, against ₹-0.41 in the corresponding quarter of the previous year (YoY) and ₹-0.76 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 14.4526 crs	₹8.9495 crs	61.49%	₹4.1734 crs	246.30%
Net Profit	₹0.2442 crs	₹-1.4907 crs	116.38%	₹-0.8113 crs	130.10 %
EPS	₹0.12	₹-0.76	115.79%	₹-0.41	129.27%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹23.4021 crore, against ₹5.3784 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-1.2465 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.8339 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-0.64 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.42 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹23.4021 crs	₹5.3784 crs	335.11%
Net Profit	₹-1.2465 crs	₹-0.8339 crs	49.48%
EPS	₹-0.64	₹-0.42	52.38%

Shares of GARNET INTERNATIONAL LTD. was last trading in BSE at Rs. 58.00 as compared to the previous close of Rs. 56.45. The total number of shares traded during the day was 11814 in over 59 trades.

The stock hit an intraday high of Rs. 58.95 and intraday low of 55.30. The net turnover during the day was Rs. 688659.00.

Source : Equity Bulls

Keywords

GarnetInternational Q2FY22 H1FY22 ResultUpdate