SBEC Sugar Ltd consolidated Q2FY22 loss at Rs. 3.63 crore

The Board of Directors of SBEC SUGAR LTD., 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 ₹ 147.1998 crore, against ₹150.2867 crore in the corresponding quarter of the previous year (YoY) and ₹162.1479 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-3.6395 crore, against ₹-20.9808 crore in the corresponding quarter of the previous year (YoY) and ₹-4.2874 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.76, against ₹-4.40 in the corresponding quarter of the previous year (YoY) and ₹-0.90 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 147.1998 crs	₹162.1479 crs	-9.22%	₹150.2867 crs	-2.05%
Net Profit	₹-3.6395 crs	₹-4.2874 crs	15.11%	₹-20.9808 crs	82.65 %
EPS	₹-0.76	₹-0.90	15.56%	₹-4.40	82.73%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹309.3477 crore, against ₹275.8263 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-7.9269 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-25.5592 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-1.66 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-5.36 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹309.3477 crs	₹275.8263 crs	12.15%
Net Profit	₹-7.9269 crs	₹-25.5592 crs	68.99%
EPS	₹-1.66	₹-5.36	69.03%

Shares of SBEC SUGAR LTD. was last trading in BSE at Rs. 21.40 as compared to the previous close of Rs. 20.60. The total number of shares traded during the day was 3085 in over 36 trades.

The stock hit an intraday high of Rs. 21.45 and intraday low of 19.60. The net turnover during the day was Rs. 65600.00.

Source : Equity Bulls

Keywords

SBECSugar Q2FY22 H1FY22 ResultUpdate