Dredging Corporation of India Ltd Q2FY22 loss at Rs. 3.98 crore

The Board of Directors of Dredging Corporation of India Limited, 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 ₹ 151.3901 crore, against ₹126.2269 crore in the corresponding quarter of the previous year (YoY) and ₹119.7009 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-3.9829 crore, against ₹-47.4511 crore in the corresponding quarter of the previous year (YoY) and ₹-22.7172 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1.42, against ₹-16.95 in the corresponding quarter of the previous year (YoY) and ₹-8.11 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 151.3901 crs	₹119.7009 crs	26.47%	₹126.2269 crs	19.93%
Net Profit	₹-3.9829 crs	₹-22.7172 crs	82.47%	₹-47.4511 crs	91.61 %
EPS	₹-1.42	₹-8.11	82.49%	₹-16.95	91.62%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹271.0910 crore, against ₹294.4491 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-26.7001 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-35.9971 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-9.54 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-12.86 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹271.0910 crs	₹294.4491 crs	-7.93%
Net Profit	₹-26.7001 crs	₹-35.9971 crs	25.83%
EPS	₹-9.54	₹-12.86	25.82%

Shares of Dredging Corporation of India Limited was last trading in BSE at Rs. 348.30 as compared to the previous close of Rs. 351.90. The total number of shares traded during the day was 4488 in over 318 trades.

The stock hit an intraday high of Rs. 355.00 and intraday low of 346.20. The net turnover during the day was Rs. 1578553.00.

Source : Equity Bulls

Keywords

DCI Q2FY22 H1FY22 ResultUpdate