Stock Report

Rasi Electrodes Ltd posts Q2 net profit of Rs. 68.31 lakhs in FY22



Posted On : 2021-11-14 20:29:44( TIMEZONE : IST )

Rasi Electrodes Ltd posts Q2 net profit of Rs. 68.31 lakhs in FY22

RASI ELECTRODES LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 18.2996 crores during the period ended September 30, 2021 as compared to Rs. 11.8855 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.6831 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.4368 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.22 for the period ended September 30, 2021 as compared to Rs. 0.14 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 18.2996 crs ₹11.8855 crs Up Tick / Down Tick53.97%
Net Profit ₹0.6831 crs ₹0.4368 crs Up Tick / Down Tick56.39%
EPS ₹0.22 ₹0.14 Up Tick / Down Tick57.14%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 18.2996 crores during the period ended September 30, 2021 as compared to Rs.9.1894 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.6831 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.5329 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.22 for the period ended September 30, 2021 as compared to Rs.0.17 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 18.2996 crs ₹9.1894 crs Up Tick / Down Tick99.14%
Net Profit ₹0.6831 crs ₹0.5329 crs Up Tick / Down Tick28.19%
EPS ₹0.22 ₹0.17 Up Tick / Down Tick29.41%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.30.1851 crores during the 6 Months period ended September 30, 2021 as compared to Rs.11.8967 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.1199 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.5145 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.35 for the 6 Months period ended September 30, 2021 as compared to Rs.0.16 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹30.1851 crs ₹11.8967 crs Up Tick / Down Tick153.73%
Net Profit ₹1.1199 crs ₹0.5145 crs Up Tick / Down Tick117.67%
EPS ₹0.35 ₹0.16 Up Tick / Down Tick118.75%

Shares of RASI ELECTRODES LTD. was last trading in BSE at Rs. 5.76 as compared to the previous close of Rs. 5.75. The total number of shares traded during the day was 7641 in over 28 trades.

The stock hit an intraday high of Rs. 5.80 and intraday low of 5.57. The net turnover during the day was Rs. 44072.00.

Source : Equity Bulls

Keywords

RasiElectrodes Q2FY22 H1FY22 ResultUpdate