Tamilnadu Steel Tubes Ltd Q2FY22 loss at Rs. 58.51 lakhs

The Board of Directors of , 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 ₹ 19.8422 crore, against ₹13.6893 crore in the corresponding quarter of the previous year (YoY) and ₹10.4834 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-0.5851 crore, against ₹-0.0820 crore in the corresponding quarter of the previous year (YoY) and ₹0.9571 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1.14, against ₹-0.16 in the corresponding quarter of the previous year (YoY) and ₹1.87 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 19.8422 crs	₹10.4834 crs	89.27%	₹13.6893 crs	44.95%
Net Profit	₹-0.5851 crs	₹0.9571 crs	-161.13%	₹-0.0820 crs	613.54 %
EPS	₹-1.14	₹1.87	-160.96%	₹-0.16	612.50%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹30.3256 crore, against ₹21.9494 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.3720 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.0332 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.73 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.06 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹30.3256 crs	₹21.9494 crs	38.16%
Net Profit	₹0.3720 crs	₹0.0332 crs	1,020.48%
EPS	₹0.73	₹0.06	1,116.67%

Source : Equity Bulls

Keywords

TamilnaduSteelTubes Q2FY22 H1FY22 ResultUpdate