Prince Pipes and Fittings Ltd posts jump in Q2FY22 PAT to Rs. 76.08 crore

Prince Pipes And Fittings Limited has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 762.480 crores during the period ended September 30, 2021 as compared to Rs. 332.80 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 76.088 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 17.753 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 6.89 for the period ended September 30, 2021 as compared to Rs. 1.61 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹762.480 crs	₹332.80 crs	129.11%
Net Profit	₹76.088 crs	₹17.753 crs	328.59%
EPS	₹6.89	₹1.61	327.95%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs.762.480 crores during the period ended September 30, 2021 as compared to Rs.461.945 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.76.088 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.46.572 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.6.89 for the period ended September 30, 2021 as compared to Rs.4.23 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹762.480 crs	₹461.945 crs	65.06%
Net Profit	₹76.088 crs	₹46.572 crs	63.38%
EPS	₹6.89	₹4.23	62.88%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1095.280 crores during the 6 Months period ended September 30, 2021 as compared to Rs.769.632 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.93.842 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.57.823 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.8.50 for the 6 Months period ended September 30, 2021 as compared to Rs.5.25 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1095.280 crs	₹769.632 crs	42.31%
Net Profit	₹93.842 crs	₹57.823 crs	62.29%
EPS	₹8.50	₹5.25	61.90%

Shares of Prince Pipes And Fittings Limited was last trading in BSE at Rs. 760.25 as compared to the previous close of Rs. 754.40. The total number of shares traded during the day was 28761 in over 2530 trades.

The stock hit an intraday high of Rs. 768.00 and intraday low of 757.00. The net turnover during the day was Rs. 21883212.00.

Source : Equity Bulls

Keywords

PrincePipesandFittings Q2FY22 H1FY22 ResultUpdate