Nitta Gelatin India Ltd Q2FY22 consolidated profit increases QoQ to Rs. 4.70 crore

The Board of Directors of NITTA GELATIN INDIA LTD., 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 ₹ 120.1292 crore, against ₹94.8562 crore in the corresponding quarter of the previous year (YoY) and ₹107.8265 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹4.7063 crore, against ₹6.1153 crore in the corresponding quarter of the previous year (YoY) and ₹3.3657 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹5.18, against ₹6.74 in the corresponding quarter of the previous year (YoY) and ₹3.71 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 120.1292 crs	₹107.8265 crs	11.41%	₹94.8562 crs	26.64%
Net Profit	₹4.7063 crs	₹3.3657 crs	39.83%	₹6.1153 crs	-23.04 %
EPS	₹5.18	₹3.71	39.62%	₹6.74	-23.15%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹227.9557 crore, against ₹189.1068 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹8.0720 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹8.8243 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹8.89 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹9.72 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹227.9557 crs	₹189.1068 crs	20.54%
Net Profit	₹8.0720 crs	₹8.8243 crs	-8.53%
EPS	₹8.89	₹9.72	-8.54%

Shares of NITTA GELATIN INDIA LTD. was last trading in BSE at Rs. 242.00 as compared to the previous close of Rs. 240.65. The total number of shares traded during the day was 6527 in over 125 trades.

The stock hit an intraday high of Rs. 247.90 and intraday low of 232.55. The net turnover during the day was Rs. 1581087.00.

Source : Equity Bulls

Keywords

NittaGelatinIndia Q2FY22 H1FY22 ResultUpdate