Ashika Credit Capital Ltd Q2FY22 profit surges to Rs. 2.29 crore

The Board of Directors of ASHIKA CREDIT CAPITAL 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 ₹ 2.0037 crore, against ₹1.8129 crore in the corresponding quarter of the previous year (YoY) and ₹1.8160 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.2984 crore, against ₹1.0410 crore in the corresponding quarter of the previous year (YoY) and ₹-0.1526 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.93, against ₹0.88 in the corresponding quarter of the previous year (YoY) and ₹-0.13 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 2.0037 crs	₹1.8160 crs	10.34%	₹1.8129 crs	10.52%
Net Profit	₹2.2984 crs	₹-0.1526 crs	1,606.16%	₹1.0410 crs	120.79 %
EPS	₹1.93	₹-0.13	1,584.62%	₹0.88	119.32%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹3.8197 crore, against ₹3.3784 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.1458 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹2.4190 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹1.81 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.04 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹3.8197 crs	₹3.3784 crs	13.06%
Net Profit	₹2.1458 crs	₹2.4190 crs	-11.29%
EPS	₹1.81	₹2.04	-11.27%

Shares of ASHIKA CREDIT CAPITAL LTD. was last trading in BSE at Rs. 36.90 as compared to the previous close of Rs. 36.00. The total number of shares traded during the day was 7569 in over 57 trades.

The stock hit an intraday high of Rs. 37.50 and intraday low of 36.30. The net turnover during the day was Rs. 277054.00.

Source : Equity Bulls

Keywords

AshikaCreditCapital Q2FY22 H1FY22 ResultUpdate