Stock Report

Bihar Sponge Iron Ltd Q2FY22 net profit slides QoQ to Rs. 98.46 lakhs



Posted On : 2021-11-10 17:00:08( TIMEZONE : IST )

Bihar Sponge Iron Ltd Q2FY22 net profit slides QoQ to Rs. 98.46 lakhs

BIHAR SPONGE IRON LTD. has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 8.0054 crores during the period ended September 30, 2021 as compared to Rs. 14.8406 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.9846 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 4.0850 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.11 for the period ended September 30, 2021 as compared to Rs. 0.45 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 8.0054 crs ₹14.8406 crs Up Tick / Down Tick-46.06%
Net Profit ₹0.9846 crs ₹4.0850 crs Up Tick / Down Tick-75.90%
EPS ₹0.11 ₹0.45 Up Tick / Down Tick-75.56%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 8.0054 crores during the period ended September 30, 2021 as compared to Rs.4.7906 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.9846 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.5040 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.11 for the period ended September 30, 2021 as compared to Rs.0.06 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 8.0054 crs ₹4.7906 crs Up Tick / Down Tick67.11%
Net Profit ₹0.9846 crs ₹0.5040 crs Up Tick / Down Tick95.36%
EPS ₹0.11 ₹0.06 Up Tick / Down Tick83.33%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.22.8460 crores during the 6 Months period ended September 30, 2021 as compared to Rs.5.5856 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.5.0696 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-0.2252 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.56 for the 6 Months period ended September 30, 2021 as compared to Rs.-0.02 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹22.8460 crs ₹5.5856 crs Up Tick / Down Tick309.02%
Net Profit ₹5.0696 crs ₹-0.2252 crs Up Tick / Down Tick2,351.15%
EPS ₹0.56 ₹-0.02 Up Tick / Down Tick2,900.00%

Shares of BIHAR SPONGE IRON LTD. was last trading in BSE at Rs. 9.06 as compared to the previous close of Rs. 9.26. The total number of shares traded during the day was 17197 in over 103 trades.

The stock hit an intraday high of Rs. 9.40 and intraday low of 8.80. The net turnover during the day was Rs. 155428.00.

Source : Equity Bulls

Keywords

BiharSpongeIron Q2FY22 H1FY22 ResultUpdate