Amrit Corp Ltd posts Rs. 5.93 crore net profit in Q2 FY2021-22

AMRIT CORP.LTD. 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. 22.7677 crores during the period ended September 30, 2021 as compared to Rs. 17.4175 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 5.93 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 5.8047 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 19.52 for the period ended September 30, 2021 as compared to Rs. 19.11 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 22.7677 crs	₹17.4175 crs	30.72%
Net Profit	₹5.93 crs	₹5.8047 crs	2.16%
EPS	₹19.52	₹19.11	2.15%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 22.7677 crores during the period ended September 30, 2021 as compared to Rs.15.3702 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.5.93 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.3.4044 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.19.52 for the period ended September 30, 2021 as compared to Rs.11.21 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 22.7677 crs	₹15.3702 crs	48.13%
Net Profit	₹5.93 crs	₹3.4044 crs	74.19%
EPS	₹19.52	₹11.21	74.13%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.40.1852 crores during the 6 Months period ended September 30, 2021 as compared to Rs.29.2569 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.11.7347 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.6.6425 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.38.62 for the 6 Months period ended September 30, 2021 as compared to Rs.21.86 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹40.1852 crs	₹29.2569 crs	37.35%
Net Profit	₹11.7347 crs	₹6.6425 crs	76.66%
EPS	₹38.62	₹21.86	76.67%

Shares of AMRIT CORP.LTD. was last trading in BSE at Rs. 902.95 as compared to the previous close of Rs. 909.00. The total number of shares traded during the day was 30 in over 14 trades.

The stock hit an intraday high of Rs. 935.00 and intraday low of 900.00. The net turnover during the day was Rs. 27425.00.

Source : Equity Bulls

Keywords

AmritCorp Q2FY22 H1FY22 ResultUpdate