Parmeshwari Silk Mills Ltd Q2FY22 net profit jumps to Rs. 83.49 lakhs

The Board of Directors of , 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 ₹ 33.4048 crore, against ₹18.2834 crore in the corresponding quarter of the previous year (YoY) and ₹25.3211 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.8349 crore, against ₹0.1754 crore in the corresponding quarter of the previous year (YoY) and ₹0.6252 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.78, against ₹0.58 in the corresponding quarter of the previous year (YoY) and ₹2.08 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 33.4048 crs	₹25.3211 crs	31.92%	₹18.2834 crs	82.71%
Net Profit	₹0.8349 crs	₹0.6252 crs	33.54%	₹0.1754 crs	376.00 %
EPS	₹2.78	₹2.08	33.65%	₹0.58	379.31%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹58.7259 crore, against ₹32.1251 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.4601 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.7632 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹4.86 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.54 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹58.7259 crs	₹32.1251 crs	82.80%
Net Profit	₹1.4601 crs	₹0.7632 crs	91.31%
EPS	₹4.86	₹2.54	91.34%

Source : Equity Bulls

Keywords

ParmeshwariSilkMills Q2FY22 H1FY22 ResultUpdate