Stock Report

Stovec Industries Ltd Q3CY21 net profit slips QoQ to Rs. 6.18 crore



Posted On : 2021-11-09 21:06:47( TIMEZONE : IST )

Stovec Industries Ltd Q3CY21 net profit slips QoQ to Rs. 6.18 crore

STOVEC INDUSTRIES LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q3 CY2021) - QoQ Comparison

The company has reported total income of Rs. 61.857 crores during the period ended September 30, 2021 as compared to Rs. 51.522 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 6.188 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 6.821 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 29.64 for the period ended September 30, 2021 as compared to Rs. 32.67 for the period ended June 30, 2021.

Financials Q3 CY2021 Q2 CY2021 % Change
Total Income ₹61.857 crs ₹51.522 crs Up Tick / Down Tick20.06%
Net Profit ₹6.188 crs ₹6.821 crs Up Tick / Down Tick-9.28%
EPS ₹29.64 ₹32.67 Up Tick / Down Tick-9.27%

Financial Results (Q3 CY2021) - YoY Comparison

The company has reported total income of Rs.61.857 crores during the period ended September 30, 2021 as compared to Rs.42.655 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.6.188 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.4.961 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.29.64 for the period ended September 30, 2021 as compared to Rs.23.76 for the period ended September 30, 2020.

Financials Q3 CY2021 Q3 CY2020 % Change
Total Income ₹61.857 crs ₹42.655 crs Up Tick / Down Tick45.02%
Net Profit ₹6.188 crs ₹4.961 crs Up Tick / Down Tick24.73%
EPS ₹29.64 ₹23.76 Up Tick / Down Tick24.75%

Financial Results (9 Months Ended CY2021) - YoY Comparison

The company has reported total income of Rs.179.485 crores during the 9 Months period ended September 30, 2021 as compared to Rs.104.743 crores during the 9 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.23.722 crores for the 9 Months period ended September 30, 2021 as against net profit / (loss) of Rs.8.821 crores for the 9 Months period ended September 30, 2020.

The company has reported EPS of Rs.113.61 for the 9 Months period ended September 30, 2021 as compared to Rs.42.25 for the 9 Months period ended September 30, 2020.

Financials 9 Months Ended CY2021 9 Months Ended CY2020 % Change
Total Income ₹179.485 crs ₹104.743 crs Up Tick / Down Tick71.36%
Net Profit ₹23.722 crs ₹8.821 crs Up Tick / Down Tick168.93%
EPS ₹113.61 ₹42.25 Up Tick / Down Tick168.90%

Shares of STOVEC INDUSTRIES LTD. was last trading in BSE at Rs. 2692.80 as compared to the previous close of Rs. 2637.20. The total number of shares traded during the day was 2726 in over 250 trades.

The stock hit an intraday high of Rs. 2713.00 and intraday low of 2626.00. The net turnover during the day was Rs. 7297231.00.

Source : Equity Bulls

Keywords

StovecIndustries Q3CY21 9MCY21 ResultUpdate