Stock Report

Hitech Corporation Ltd posts rise in Q2FY22 profit to Rs. 9.71 crore



Posted On : 2021-11-10 20:35:04( TIMEZONE : IST )

Hitech Corporation Ltd posts rise in Q2FY22 profit to Rs. 9.71 crore

Hitech Corporation Limited 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. 167.1010 crores during the period ended September 30, 2021 as compared to Rs. 130.8117 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 9.7128 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 7.4974 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 5.65 for the period ended September 30, 2021 as compared to Rs. 4.37 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 167.1010 crs ₹130.8117 crs Up Tick / Down Tick27.74%
Net Profit ₹9.7128 crs ₹7.4974 crs Up Tick / Down Tick29.55%
EPS ₹5.65 ₹4.37 Up Tick / Down Tick29.29%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 167.1010 crores during the period ended September 30, 2021 as compared to Rs.123.7929 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.9.7128 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.6.3966 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.5.65 for the period ended September 30, 2021 as compared to Rs.3.72 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 167.1010 crs ₹123.7929 crs Up Tick / Down Tick34.98%
Net Profit ₹9.7128 crs ₹6.3966 crs Up Tick / Down Tick51.84%
EPS ₹5.65 ₹3.72 Up Tick / Down Tick51.88%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.297.9127 crores during the 6 Months period ended September 30, 2021 as compared to Rs.181.3203 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.17.2102 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.0433 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.10.02 for the 6 Months period ended September 30, 2021 as compared to Rs.0.03 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹297.9127 crs ₹181.3203 crs Up Tick / Down Tick64.30%
Net Profit ₹17.2102 crs ₹0.0433 crs Up Tick / Down Tick39,646.42%
EPS ₹10.02 ₹0.03 Up Tick / Down Tick33,300.00%

Shares of Hitech Corporation Limited was last trading in BSE at Rs. 214.30 as compared to the previous close of Rs. 216.10. The total number of shares traded during the day was 2420 in over 80 trades.

The stock hit an intraday high of Rs. 222.20 and intraday low of 213.75. The net turnover during the day was Rs. 527550.00.

Source : Equity Bulls

Keywords

HitechCorporation Q2FY22 H1FY22 ResultUpdate