Stock Report

RITES Ltd Q2FY22 consolidated net profit higher at Rs. 174.49 crores



Posted On : 2021-11-12 16:18:17( TIMEZONE : IST )

RITES Ltd Q2FY22 consolidated net profit higher at Rs. 174.49 crores

RITES Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 788.85 crores during the period ended September 30, 2021 as compared to Rs. 377.26 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 174.49 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 77.86 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 7.03 for the period ended September 30, 2021 as compared to Rs. 3 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 788.85 crs ₹377.26 crs Up Tick / Down Tick109.10%
Net Profit ₹174.49 crs ₹77.86 crs Up Tick / Down Tick124.11%
EPS ₹7.03 ₹3 Up Tick / Down Tick134.33%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 788.85 crores during the period ended September 30, 2021 as compared to Rs.499.66 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.174.49 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.132.36 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.7.03 for the period ended September 30, 2021 as compared to Rs.5.18 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 788.85 crs ₹499.66 crs Up Tick / Down Tick57.88%
Net Profit ₹174.49 crs ₹132.36 crs Up Tick / Down Tick31.83%
EPS ₹7.03 ₹5.18 Up Tick / Down Tick35.71%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1166.11 crores during the 6 Months period ended September 30, 2021 as compared to Rs.876.02 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.252.35 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.197.35 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.10.03 for the 6 Months period ended September 30, 2021 as compared to Rs.7.69 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹1166.11 crs ₹876.02 crs Up Tick / Down Tick33.11%
Net Profit ₹252.35 crs ₹197.35 crs Up Tick / Down Tick27.87%
EPS ₹10.03 ₹7.69 Up Tick / Down Tick30.43%

Shares of RITES Limited was last trading in BSE at Rs. 286.30 as compared to the previous close of Rs. 285.85. The total number of shares traded during the day was 18137 in over 694 trades.

The stock hit an intraday high of Rs. 292.45 and intraday low of 285.30. The net turnover during the day was Rs. 5215012.00.

Source : Equity Bulls

Keywords

RITES Q2FY22 H1FY22 ResultUpdate