Loyal Textile Mills Ltd announces Q2FY22 results

Loyal Textile Mills has reported total revenue of Rs.460.90 Cr. for the Quarter ended and Rs.820.39 Cr for the half year ended 30th September 2021 against Rs.269.48 Cr. and Rs.449.22 Cr in the corresponding quarter and half year ended of the previous year respectively.

Net profit for the Quarter ended 30th September 2021 has increased by 4.35 times from Rs.7 Cr. in the previous year to Rs.30.45 Cr. in the current year. Rs.9.30 Cr. has been provided for depreciation and Rs.5.94 Cr. for finance cost.

Net profit for the Half year ended 30th September 2021 is Rs.44.65 Cr. as against Rs.4.87 Cr. in the previous year. Rs.18.73 Cr. has been provided for depreciation and Rs.14.73 Cr. for finance cost.

Shares of LOYAL TEXTILE MILLS LTD. was last trading in BSE at Rs. 1008.00 as compared to the previous close of Rs. 907.65. The total number of shares traded during the day was 22287 in over 716 trades.

The stock hit an intraday high of Rs. 1050.00 and intraday low of 867.50. The net turnover during the day was Rs. 21843379.00.

Source : Equity Bulls

Keywords

LOYALTEXTILEMILLSLTD INE970D01010 Textiles Q2FY22 ResultUpdate