Stock Report

Elnet Technologies Ltd Q2FY22 net profit slips QoQ to Rs. 3.32 crore

Posted On : 2021-11-13 16:25:34( TIMEZONE : IST )

The Board of Directors of ELNET TECHNOLOGIES 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 ₹ 6.7085 crore, against ₹6.5517 crore in the corresponding quarter of the previous year (YoY) and ₹6.8527 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹3.3208 crore, against ₹2.9915 crore in the corresponding quarter of the previous year (YoY) and ₹3.4191 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹8.30, against ₹7.48 in the corresponding quarter of the previous year (YoY) and ₹8.55 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 6.7085 crs	₹6.8527 crs	-2.10%	₹6.5517 crs	2.39%
Net Profit	₹3.3208 crs	₹3.4191 crs	-2.88%	₹2.9915 crs	11.01 %
EPS	₹8.30	₹8.55	-2.92%	₹7.48	10.96%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹13.5612 crore, against ₹13.2484 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹6.7398 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹5.9756 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹16.85 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹14.94 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹13.5612 crs	₹13.2484 crs	2.36%
Net Profit	₹6.7398 crs	₹5.9756 crs	12.79%
EPS	₹16.85	₹14.94	12.78%

Shares of ELNET TECHNOLOGIES LTD. was last trading in BSE at Rs. 174.60 as compared to the previous close of Rs. 174.30. The total number of shares traded during the day was 2661 in over 48 trades.

The stock hit an intraday high of Rs. 179.50 and intraday low of 170.00. The net turnover during the day was Rs. 465100.00.