Valiant Communications Ltd consolidated Q2FY22 loss at Rs. 65.61 lakhs

The Board of Directors of VALIANT COMMUNICATIONS 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 ₹ 3.8990 crore, against ₹7.7911 crore in the corresponding quarter of the previous year (YoY) and ₹3.0978 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-0.6561 crore, against ₹0.7418 crore in the corresponding quarter of the previous year (YoY) and ₹-0.3914 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.91, against ₹1.03 in the corresponding quarter of the previous year (YoY) and ₹-0.54 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 3.8990 crs	₹3.0978 crs	25.86%	₹7.7911 crs	-49.96%
Net Profit	₹-0.6561 crs	₹-0.3914 crs	67.63%	₹0.7418 crs	-188.45 %
EPS	₹-0.91	₹-0.54	68.52%	₹1.03	-188.35%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹6.9968 crore, against ₹11.0203 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-1.0475 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.2949 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-1.45 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.41 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹6.9968 crs	₹11.0203 crs	-36.51%
Net Profit	₹-1.0475 crs	₹0.2949 crs	-455.21%
EPS	₹-1.45	₹0.41	-453.66%

Shares of VALIANT COMMUNICATIONS LTD. was last trading in BSE at Rs. 82.00 as compared to the previous close of Rs. 84.95. The total number of shares traded during the day was 7254 in over 32 trades.

The stock hit an intraday high of Rs. 85.40 and intraday low of 81.20. The net turnover during the day was Rs. 596840.00.

Source : Equity Bulls

Keywords

ValiantCommunications Q2FY22 H1FY22 ResultUpdate