Manaksia Coated Metals and Industries Ltd Q2FY22 consolidated net profit climbs to Rs. 2.67 crore

The Board of Directors of Manaksia Coated Metals & Industries Limited, at its meeting held today have approved the unaudited Consolidated 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 ₹ 217.6666 crore, against ₹109.0982 crore in the corresponding quarter of the previous year (YoY) and ₹157.7503 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.6708 crore, against ₹1.4588 crore in the corresponding quarter of the previous year (YoY) and ₹1.6538 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.41, against ₹0.22 in the corresponding quarter of the previous year (YoY) and ₹0.25 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 217.6666 crs	₹157.7503 crs	37.98%	₹109.0982 crs	99.51%
Net Profit	₹2.6708 crs	₹1.6538 crs	61.49%	₹1.4588 crs	83.08 %
EPS	₹0.41	₹0.25	64.00%	₹0.22	86.36%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹375.4169 crore, against ₹174.7527 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹4.3246 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.9588 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.66 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.30 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹375.4169 crs	₹174.7527 crs	114.83%
Net Profit	₹4.3246 crs	₹1.9588 crs	120.78%
EPS	₹0.66	₹0.30	120.00%

Shares of Manaksia Coated Metals & Industries Limited was last trading in BSE at Rs. 21.10 as compared to the previous close of Rs. 22.00. The total number of shares traded during the day was 44741 in over 356 trades.

The stock hit an intraday high of Rs. 22.20 and intraday low of 20.55. The net turnover during the day was Rs. 946502.00.

Source : Equity Bulls

Keywords

ManaksiaCoatedMetalsandIndustries Q2FY22 H1FY22 ResultUpdate