Bannari Amman Sugars Ltd reports net profit of Rs. 21.12 crore in Q2 FY2021-22

The Board of Directors of Bannari Amman Sugars 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 ₹ 447.7695 crore, against ₹411.0958 crore in the corresponding quarter of the previous year (YoY) and ₹373.8037 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹21.1212 crore, against ₹25.5459 crore in the corresponding quarter of the previous year (YoY) and ₹5.0369 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹16.84, against ₹20.37 in the corresponding quarter of the previous year (YoY) and ₹4.02 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 447.7695 crs	₹373.8037 crs	19.79%	₹411.0958 crs	8.92%
Net Profit	₹21.1212 crs	₹5.0369 crs	319.33%	₹25.5459 crs	-17.32 %
EPS	₹16.84	₹4.02	318.91%	₹20.37	-17.33%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹821.5732 crore, against ₹737.6505 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹26.1581 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹38.3586 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹20.86 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹30.59 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹821.5732 crs	₹737.6505 crs	11.38%
Net Profit	₹26.1581 crs	₹38.3586 crs	-31.81%
EPS	₹20.86	₹30.59	-31.81%

Shares of Bannari Amman Sugars Limited was last trading in BSE at Rs. 2349.75 as compared to the previous close of Rs. 2309.90. The total number of shares traded during the day was 388 in over 150 trades.

The stock hit an intraday high of Rs. 2441.00 and intraday low of 2332.00. The net turnover during the day was Rs. 917407.00.

Source : Equity Bulls

Keywords

BannariAmmanSugars Q2FY22 H1FY22 ResultUpdate