Canopy Finance Ltd reports PAT of Rs. 36.83 lakhs in Q2 FY2021-22

The Board of Directors of Canopy Finance 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 ₹ 0.4703 crore, against ₹2.2277 crore in the corresponding quarter of the previous year (YoY) and ₹1.1976 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.3683 crore, against ₹0.007386 crore in the corresponding quarter of the previous year (YoY) and ₹0.7218 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.40, against ₹0.01 in the corresponding quarter of the previous year (YoY) and ₹0.78 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 0.4703 crs	₹1.1976 crs	-60.73%	₹2.2277 crs	-78.89%
Net Profit	₹0.3683 crs	₹0.7218 crs	-48.97%	₹0.007386 crs	4,886.46 %
EPS	₹0.40	₹0.78	-48.72%	₹0.01	3,900.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1.6679 crore, against ₹3.5587 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.0901 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.8518 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹1.17 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.92 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1.6679 crs	₹3.5587 crs	-53.13%
Net Profit	₹1.0901 crs	₹0.8518 crs	27.98%
EPS	₹1.17	₹0.92	27.17%

Shares of Canopy Finance Ltd was last trading in BSE at Rs. 13.86 as compared to the previous close of Rs. 14.58. The total number of shares traded during the day was 453 in over 18 trades.

The stock hit an intraday high of Rs. 15.30 and intraday low of 13.86. The net turnover during the day was Rs. 6383.00.

Source : Equity Bulls

Keywords

CanopyFinance Q2FY22 H1FY22 ResultUpdate