WeP Solutions Ltd reports consolidated PAT of Rs. 90.57 lakhs in Q2FY22

The Board of Directors of WEP SOLUTIONS LTD., at its meeting held today have approved the unaudited Consolidated 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 ₹ 23.4199 crore, against ₹13.6568 crore in the corresponding quarter of the previous year (YoY) and ₹22.0818 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.9057 crore, against ₹-0.4870 crore in the corresponding quarter of the previous year (YoY) and ₹0.1396 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.25, against ₹-0.19 in the corresponding quarter of the previous year (YoY) and ₹0.04 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 23.4199 crs	₹22.0818 crs	6.06%	₹13.6568 crs	71.49%
Net Profit	₹0.9057 crs	₹0.1396 crs	548.78%	₹-0.4870 crs	285.98 %
EPS	₹0.25	₹0.04	525.00%	₹-0.19	231.58%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹45.5018 crore, against ₹22.8155 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.0453 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-2.4937 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.29 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.94 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹45.5018 crs	₹22.8155 crs	99.43%
Net Profit	₹1.0453 crs	₹-2.4937 crs	141.92%
EPS	₹0.29	₹-0.94	130.85%

Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs. 20.00 as compared to the previous close of Rs. 19.95. The total number of shares traded during the day was 6540 in over 43 trades.

The stock hit an intraday high of Rs. 21.25 and intraday low of 19.95. The net turnover during the day was Rs. 133820.00.

Source : Equity Bulls

Keywords

WePSolutions Q2FY22 H1FY22 ResultUpdate