Igarashi Motors India Ltd reports PAT of Rs. 5.13 crore in Q2FY22

The Board of Directors of Igarashi Motors India Limited, 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 ₹ 160.8482 crore, against ₹153.8725 crore in the corresponding quarter of the previous year (YoY) and ₹149.1377 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹5.1368 crore, against ₹11.8140 crore in the corresponding quarter of the previous year (YoY) and ₹3.7515 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.63, against ₹3.75 in the corresponding quarter of the previous year (YoY) and ₹1.19 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 160.8482 crs	₹149.1377 crs	7.85%	₹153.8725 crs	4.53%
Net Profit	₹5.1368 crs	₹3.7515 crs	36.93%	₹11.8140 crs	-56.52 %
EPS	₹1.63	₹1.19	36.97%	₹3.75	-56.53%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹309.9859 crore, against ₹200.7173 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹8.8883 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.2908 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.82 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.41 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹309.9859 crs	₹200.7173 crs	54.44%
Net Profit	₹8.8883 crs	₹1.2908 crs	588.59%
EPS	₹2.82	₹0.41	587.80%

Shares of Igarashi Motors India Limited was last trading in BSE at Rs. 526.15 as compared to the previous close of Rs. 555.00. The total number of shares traded during the day was 16541 in over 1470 trades.

The stock hit an intraday high of Rs. 554.00 and intraday low of 517.40. The net turnover during the day was Rs. 8876194.00.

Source : Equity Bulls

Keywords

IgarashiMotorsIndia Q2FY22 H1FY22 ResultUpdate