IG Petrochemicals Ltd Q2FY22 consolidated profit at Rs. 65.04 crore

The Board of Directors of IG Petrochemicals Limited, 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 ₹ 473.1049 crore, against ₹243.1311 crore in the corresponding quarter of the previous year (YoY) and ₹388.5841 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹65.0419 crore, against ₹23.1650 crore in the corresponding quarter of the previous year (YoY) and ₹51.4822 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹21.12, against ₹7.52 in the corresponding quarter of the previous year (YoY) and ₹16.72 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 473.1049 crs	₹388.5841 crs	21.75%	₹243.1311 crs	94.59%
Net Profit	₹65.0419 crs	₹51.4822 crs	26.34%	₹23.1650 crs	180.78 %
EPS	₹21.12	₹16.72	26.32%	₹7.52	180.85%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹861.6890 crore, against ₹386.1617 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹116.5241 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹25.3912 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹37.83 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹8.24 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹861.6890 crs	₹386.1617 crs	123.14%
Net Profit	₹116.5241 crs	₹25.3912 crs	358.92%
EPS	₹37.83	₹8.24	359.10%

Shares of IG Petrochemicals Limited was last trading in BSE at Rs. 806.10 as compared to the previous close of Rs. 807.20. The total number of shares traded during the day was 2236 in over 273 trades.

The stock hit an intraday high of Rs. 815.55 and intraday low of 799.45. The net turnover during the day was Rs. 1808841.00.

Source : Equity Bulls

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IGPetrochemicals Q2FY22 H1FY22 ResultUpdate