Cords Cable Industries Ltd Q2FY22 net profit up at Rs. 1.52 crore

The Board of Directors of Cords Cable Industries 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 ₹ 106.2889 crore, against ₹83.7054 crore in the corresponding quarter of the previous year (YoY) and ₹88.6651 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.5227 crore, against ₹0.9967 crore in the corresponding quarter of the previous year (YoY) and ₹1.4516 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.19, against ₹0.75 in the corresponding quarter of the previous year (YoY) and ₹1.13 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 106.2889 crs	₹88.6651 crs	19.88%	₹83.7054 crs	26.98%
Net Profit	₹1.5227 crs	₹1.4516 crs	4.90%	₹0.9967 crs	52.77 %
EPS	₹1.19	₹1.13	5.31%	₹0.75	58.67%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹194.9540 crore, against ₹133.2029 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.9744 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.1207 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.32 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.82 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹194.9540 crs	₹133.2029 crs	46.36%
Net Profit	₹2.9744 crs	₹1.1207 crs	165.41%
EPS	₹2.32	₹0.82	182.93%

Shares of Cords Cable Industries Limited was last trading in BSE at Rs. 54.00 as compared to the previous close of Rs. 54.35. The total number of shares traded during the day was 2343 in over 132 trades.

The stock hit an intraday high of Rs. 56.00 and intraday low of 53.60. The net turnover during the day was Rs. 128927.00.

Source : Equity Bulls

Keywords

CordsCableIndustries Q2FY22 H1FY22 ResultUpdate