Polymechplast Machines Ltd posts consolidated Q2FY22 PAT of Rs. 1.14 crore

The Board of Directors of POLYMECHPLAST MACHINES 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 ₹ 21.2860 crore, against ₹17.1739 crore in the corresponding quarter of the previous year (YoY) and ₹13.1979 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.1460 crore, against ₹0.7538 crore in the corresponding quarter of the previous year (YoY) and ₹0.4047 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.39, against ₹1.57 in the corresponding quarter of the previous year (YoY) and ₹0.84 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 21.2860 crs	₹13.1979 crs	61.28%	₹17.1739 crs	23.94%
Net Profit	₹1.1460 crs	₹0.4047 crs	183.17%	₹0.7538 crs	52.03 %
EPS	₹2.39	₹0.84	184.52%	₹1.57	52.23%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹34.4840 crore, against ₹21.5636 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.5508 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.9626 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹3.23 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.01 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹34.4840 crs	₹21.5636 crs	59.92%
Net Profit	₹1.5508 crs	₹0.9626 crs	61.11%
EPS	₹3.23	₹2.01	60.70%

Shares of POLYMECHPLAST MACHINES LTD. was last trading in BSE at Rs. 77.65 as compared to the previous close of Rs. 65.60. The total number of shares traded during the day was 81748 in over 495 trades.

The stock hit an intraday high of Rs. 78.70 and intraday low of 64.50. The net turnover during the day was Rs. 6196819.00.

Source : Equity Bulls

Keywords

PolymechplastMachines Q2FY22 H1FY22 ResultUpdate