Spectrum Foods Ltd Q2FY22 net profit at Rs. 86.78 lakhs

The Board of Directors of SPECTRUM FOODS LTD., 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 ₹ 4.0793 crore, against ₹2.6136 crore in the corresponding quarter of the previous year (YoY) and ₹2.8014 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.8678 crore, against ₹0.3502 crore in the corresponding quarter of the previous year (YoY) and ₹0.7241 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.179, against ₹0.072 in the corresponding quarter of the previous year (YoY) and ₹0.149 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 4.0793 crs	₹2.8014 crs	45.62%	₹2.6136 crs	56.08%
Net Profit	₹0.8678 crs	₹0.7241 crs	19.85%	₹0.3502 crs	147.80 %
EPS	₹0.179	₹0.149	20.13%	₹0.072	148.61%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹6.8807 crore, against ₹5.6424 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.5919 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.7264 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.328 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.150 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹6.8807 crs	₹5.6424 crs	21.95%
Net Profit	₹1.5919 crs	₹0.7264 crs	119.15%
EPS	₹0.328	₹0.150	118.67%

Shares of SPECTRUM FOODS LTD. was last trading in BSE at Rs. 18.80 as compared to the previous close of Rs. 19.15. The total number of shares traded during the day was 220 in over 2 trades.

The stock hit an intraday high of Rs. 18.80 and intraday low of 18.20. The net turnover during the day was Rs. 4016.00.

Source : Equity Bulls

Keywords

SpectrumFoods Q2FY22 H1FY22 ResultUpdate