Explicit Finance Ltd Q2 FY22 net profit up QoQ at Rs. 29.19 lakhs

The Board of Directors of EXPLICIT FINANCE 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 ₹ 2.5792 crore, against ₹1.6501 crore in the corresponding quarter of the previous year (YoY) and ₹2.8335 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.2919 crore, against ₹0.4519 crore in the corresponding quarter of the previous year (YoY) and ₹0.2176 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.31, against ₹0.49 in the corresponding quarter of the previous year (YoY) and ₹0.23 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 2.5792 crs	₹2.8335 crs	-8.97%	₹1.6501 crs	56.31%
Net Profit	₹0.2919 crs	₹0.2176 crs	34.15%	₹0.4519 crs	-35.41 %
EPS	₹0.31	₹0.23	34.78%	₹0.49	-36.73%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹5.4127 crore, against ₹2.6427 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.5095 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.4726 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.55 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.51 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹5.4127 crs	₹2.6427 crs	104.82%
Net Profit	₹0.5095 crs	₹0.4726 crs	7.81%
EPS	₹0.55	₹0.51	7.84%

Shares of EXPLICIT FINANCE LTD. was last trading in BSE at Rs. 2.46 as compared to the previous close of Rs. 2.58. The total number of shares traded during the day was 10 in over 2 trades.

The stock hit an intraday high of Rs. 2.46 and intraday low of 2.46. The net turnover during the day was Rs. 24.00.

Source : Equity Bulls

Keywords

ExplicitFinance Q2FY22 H1FY22 ResultUpdate