Laffans Petrochemicals Ltd Q2FY22 PAT declines to Rs. 42.62 lakhs

The Board of Directors of LAFFANS PETROCHEMICALS 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 ₹ 5.2907 crore, against ₹4.2367 crore in the corresponding quarter of the previous year (YoY) and ₹8.6567 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.4262 crore, against ₹0.7407 crore in the corresponding quarter of the previous year (YoY) and ₹0.6127 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.53, against ₹0.93 in the corresponding quarter of the previous year (YoY) and ₹0.77 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 5.2907 crs	₹8.6567 crs	-38.88%	₹4.2367 crs	24.88%
Net Profit	₹0.4262 crs	₹0.6127 crs	-30.44%	₹0.7407 crs	-42.46 %
EPS	₹0.53	₹0.77	-31.17%	₹0.93	-43.01%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹13.9474 crore, against ₹10.8596 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.0389 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹3.1990 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹1.30 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹4 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹13.9474 crs	₹10.8596 crs	28.43%
Net Profit	₹1.0389 crs	₹3.1990 crs	-67.52%
EPS	₹1.30	₹4	-67.50%

Shares of LAFFANS PETROCHEMICALS LTD. was last trading in BSE at Rs. 45.70 as compared to the previous close of Rs. 44.60. The total number of shares traded during the day was 4251 in over 39 trades.

The stock hit an intraday high of Rs. 46.80 and intraday low of 43.00. The net turnover during the day was Rs. 194067.00.

Source : Equity Bulls

Keywords

LaffansPetrochemicals Q2FY22 H1FY22 ResultUpdate