Stock Report

TAI Industries Ltd Q2FY22 net profit slips to Rs. 72.71 lakhs



Posted On : 2021-11-09 18:15:07( TIMEZONE : IST )

TAI Industries Ltd Q2FY22 net profit slips to Rs. 72.71 lakhs

The Board of Directors of TAI INDUSTRIES LTD., 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 ₹ 62.3082 crore, against ₹43.4725 crore in the corresponding quarter of the previous year (YoY) and ₹69.2993 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.7271 crore, against ₹1.0468 crore in the corresponding quarter of the previous year (YoY) and ₹1.2753 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.21, against ₹1.74 in the corresponding quarter of the previous year (YoY) and ₹2.13 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 62.3082 crs ₹69.2993 crs Up Tick / Down Tick-10.09% ₹43.4725 crs Up Tick / Down Tick43.33%
Net Profit ₹0.7271 crs ₹1.2753 crs Up Tick / Down Tick-42.99% ₹1.0468 crs Up Tick / Down Tick-30.54 %
EPS ₹1.21 ₹2.13 Up Tick / Down Tick-43.19% ₹1.74 Up Tick / Down Tick-30.46%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹131.6075 crore, against ₹62.5106 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.0024 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.8626 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹3.34 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.44 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹131.6075 crs ₹62.5106 crs Up Tick / Down Tick110.54%
Net Profit ₹2.0024 crs ₹0.8626 crs Up Tick / Down Tick132.14%
EPS ₹3.34 ₹1.44 Up Tick / Down Tick131.94%

Shares of TAI INDUSTRIES LTD. was last trading in BSE at Rs. 27.85 as compared to the previous close of Rs. 29.00. The total number of shares traded during the day was 2206 in over 32 trades.

The stock hit an intraday high of Rs. 29.25 and intraday low of 27.55. The net turnover during the day was Rs. 61761.00.

Source : Equity Bulls

Keywords

TAIIndustries Q2FY22 H1FY22 ResultUpdate