Loyal Equipments Ltd Q2 FY2021-22 consolidated loss at Rs. 1.01 crore

The Board of Directors of Loyal Equipments 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 ₹ 13.6725 crore, against ₹5.0814 crore in the corresponding quarter of the previous year (YoY) and ₹6.6262 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-1.0171 crore, against ₹0.2103 crore in the corresponding quarter of the previous year (YoY) and ₹-1.3722 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1, against ₹0.21 in the corresponding quarter of the previous year (YoY) and ₹-1.35 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 13.6725 crs	₹6.6262 crs	106.34%	₹5.0814 crs	169.07%
Net Profit	₹-1.0171 crs	₹-1.3722 crs	25.88%	₹0.2103 crs	-583.64 %
EPS	₹-1	₹-1.35	25.93%	₹0.21	-576.19%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹20.2988 crore, against ₹13.0125 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-2.3893 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.3577 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-2.34 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.33 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹20.2988 crs	₹13.0125 crs	55.99%
Net Profit	₹-2.3893 crs	₹1.3577 crs	-275.98%
EPS	₹-2.34	₹1.33	-275.94%

Shares of Loyal Equipments Ltd was last trading in BSE at Rs. 29.80 as compared to the previous close of Rs. 28.55. The total number of shares traded during the day was 1106 in over 10 trades.

The stock hit an intraday high of Rs. 29.80 and intraday low of 28.40. The net turnover during the day was Rs. 32640.00.

Source : Equity Bulls

Keywords

LoyalEquipments Q2FY22 H1FY22 ResultUpdate