Rainbow Denim Ltd Q2FY22 loss at Rs. 43.78 lakhs

RAINBOW DENIM LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 2.9894 crores during the period ended September 30, 2021 as compared to Rs. 2.6674 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -0.4378 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -0.8949 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -0.33 for the period ended September 30, 2021 as compared to Rs. -0.67 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 2.9894 crs	₹2.6674 crs	12.07%
Net Profit	₹-0.4378 crs	₹-0.8949 crs	51.08%
EPS	₹-0.33	₹-0.67	50.75%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 2.9894 crores during the period ended September 30, 2021 as compared to Rs.2.7903 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.4378 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-2.0373 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-0.33 for the period ended September 30, 2021 as compared to Rs.-1.53 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 2.9894 crs	₹2.7903 crs	7.14%
Net Profit	₹-0.4378 crs	₹-2.0373 crs	78.51%
EPS	₹-0.33	₹-1.53	78.43%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.5.6568 crores during the 6 Months period ended September 30, 2021 as compared to Rs.5.5756 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-1.3327 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-4.2284 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-1 for the 6 Months period ended September 30, 2021 as compared to Rs.-3.18 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹5.6568 crs	₹5.5756 crs	1.46%
Net Profit	₹-1.3327 crs	₹-4.2284 crs	68.48%
EPS	₹-1	₹-3.18	68.55%

Shares of RAINBOW DENIM LTD. was last trading in BSE at Rs. 2.66 as compared to the previous close of Rs. 2.75. The total number of shares traded during the day was 3343 in over 29 trades.

The stock hit an intraday high of Rs. 2.85 and intraday low of 2.66. The net turnover during the day was Rs. 9313.00.

Source : Equity Bulls

Keywords

RainbowDenim Q2FY22 H1FY22 ResultUpdate