Stock Report

Nahar Spinning Mills Ltd Q2 FY2021-22 net profit up at Rs. 136.57 crore



Posted On : 2021-11-09 17:48:25( TIMEZONE : IST )

Nahar Spinning Mills Ltd Q2 FY2021-22 net profit up at Rs. 136.57 crore

Nahar Spinning Mills 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. 846.6526 crores during the period ended September 30, 2021 as compared to Rs. 739.5291 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 136.5790 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 100.3351 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 37.8800 for the period ended September 30, 2021 as compared to Rs. 27.8100 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹846.6526 crs ₹739.5291 crs Up Tick / Down Tick14.49%
Net Profit ₹136.5790 crs ₹100.3351 crs Up Tick / Down Tick36.12%
EPS ₹37.8800 ₹27.8100 Up Tick / Down Tick36.21%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs.846.6526 crores during the period ended September 30, 2021 as compared to Rs.542.7185 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.136.5790 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-16.8035 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.37.8800 for the period ended September 30, 2021 as compared to Rs.-4.8100 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹846.6526 crs ₹542.7185 crs Up Tick / Down Tick56.00%
Net Profit ₹136.5790 crs ₹-16.8035 crs Up Tick / Down Tick912.80%
EPS ₹37.8800 ₹-4.8100 Up Tick / Down Tick887.53%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1586.1817 crores during the 6 Months period ended September 30, 2021 as compared to Rs.753.7227 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.236.9141 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-42.2207 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.65.6900 for the 6 Months period ended September 30, 2021 as compared to Rs.-11.8600 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹1586.1817 crs ₹753.7227 crs Up Tick / Down Tick110.45%
Net Profit ₹236.9141 crs ₹-42.2207 crs Up Tick / Down Tick661.13%
EPS ₹65.6900 ₹-11.8600 Up Tick / Down Tick653.88%

Shares of Nahar Spinning Mills Limited was last trading in BSE at Rs. 572.35 as compared to the previous close of Rs. 548.85. The total number of shares traded during the day was 11931 in over 238 trades.

The stock hit an intraday high of Rs. 575.25 and intraday low of 535.05. The net turnover during the day was Rs. 6632468.00.

Source : Equity Bulls

Keywords

NaharSpinningMills Q2FY22 H1FY22 ResultUpdate