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Modern Shares and Stockbrokers Ltd Q2FY22 net profit at Rs. 14.42 lakhs



Posted On : 2021-11-13 21:49:37( TIMEZONE : IST )

Modern Shares and Stockbrokers Ltd Q2FY22 net profit at Rs. 14.42 lakhs

The Board of Directors of MODERN SHARES & STOCKBROKERS 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 ₹ 0.8438 crore, against ₹0.7116 crore in the corresponding quarter of the previous year (YoY) and ₹0.8910 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.1442 crore, against ₹0.0433 crore in the corresponding quarter of the previous year (YoY) and ₹0.1221 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.49, against ₹0.14 in the corresponding quarter of the previous year (YoY) and ₹0.42 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 0.8438 crs ₹0.8910 crs Up Tick / Down Tick-5.30% ₹0.7116 crs Up Tick / Down Tick18.58%
Net Profit ₹0.1442 crs ₹0.1221 crs Up Tick / Down Tick18.10% ₹0.0433 crs Up Tick / Down Tick233.03 %
EPS ₹0.49 ₹0.42 Up Tick / Down Tick16.67% ₹0.14 Up Tick / Down Tick250.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1.7348 crore, against ₹1.1945 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.2663 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.0504 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.91 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.18 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹1.7348 crs ₹1.1945 crs Up Tick / Down Tick45.23%
Net Profit ₹0.2663 crs ₹-0.0504 crs Up Tick / Down Tick628.37%
EPS ₹0.91 ₹-0.18 Up Tick / Down Tick605.56%

Shares of MODERN SHARES & STOCKBROKERS LTD. was last trading in BSE at Rs. 17.80 as compared to the previous close of Rs. 18.20. The total number of shares traded during the day was 651 in over 10 trades.

The stock hit an intraday high of Rs. 18.90 and intraday low of 17.30. The net turnover during the day was Rs. 11333.00.

Source : Equity Bulls

Keywords

ModernSharesandStockbrokers Q2FY22 H1FY22 ResultUpdate