Gravity India Ltd posts profit in Q2FY22

GRAVITY (INDIA) LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 3.2236 crores during the period ended September 30, 2021 as compared to Rs. 0.5845 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.3218 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -0.2293 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.36 for the period ended September 30, 2021 as compared to Rs. -0.25 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 3.2236 crs	₹0.5845 crs	451.51%
Net Profit	₹0.3218 crs	₹-0.2293 crs	240.34%
EPS	₹0.36	₹-0.25	244.00%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 3.2236 crores during the period ended September 30, 2021 as compared to Rs.0.1268 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.3218 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.0658 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.36 for the period ended September 30, 2021 as compared to Rs.-0.07 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 3.2236 crs	₹0.1268 crs	2,442.27%
Net Profit	₹0.3218 crs	₹-0.0658 crs	589.06%
EPS	₹0.36	₹-0.07	614.29%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.3.8081 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.1776 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.0739 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-0.8775 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.08 for the 6 Months period ended September 30, 2021 as compared to Rs.-0.97 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹3.8081 crs	₹0.1776 crs	2,044.20%
Net Profit	₹0.0739 crs	₹-0.8775 crs	108.42%
EPS	₹0.08	₹-0.97	108.25%

Shares of GRAVITY (INDIA) LTD. was last trading in BSE at Rs. 4.47 as compared to the previous close of Rs. 4.32. The total number of shares traded during the day was 13690 in over 104 trades.

The stock hit an intraday high of Rs. 4.52 and intraday low of 4.25. The net turnover during the day was Rs. 60959.00.

Source : Equity Bulls

Keywords

GravityIndia Q2FY22 H1FY22 ResultUpdate