Lactose India Ltd posts net profit of Rs. 32 lakhs in Q2FY22

LACTOSE (INDIA) 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. 10.9518 crores during the period ended September 30, 2021 as compared to Rs. 8.6567 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.32 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -0.6535 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.28 for the period ended September 30, 2021 as compared to Rs. -0.57 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 10.9518 crs	₹8.6567 crs	26.51%
Net Profit	₹0.32 crs	₹-0.6535 crs	148.97%
EPS	₹0.28	₹-0.57	149.12%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 10.9518 crores during the period ended September 30, 2021 as compared to Rs.8.3839 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.32 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.8825 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.28 for the period ended September 30, 2021 as compared to Rs.-0.87 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 10.9518 crs	₹8.3839 crs	30.63%
Net Profit	₹0.32 crs	₹-0.8825 crs	136.26%
EPS	₹0.28	₹-0.87	132.18%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.19.6085 crores during the 6 Months period ended September 30, 2021 as compared to Rs.14.8090 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.3335 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-2.2430 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-0.29 for the 6 Months period ended September 30, 2021 as compared to Rs.-2.20 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹19.6085 crs	₹14.8090 crs	32.41%
Net Profit	₹-0.3335 crs	₹-2.2430 crs	85.13%
EPS	₹-0.29	₹-2.20	86.82%

Shares of LACTOSE (INDIA) LTD. was last trading in BSE at Rs. 40.25 as compared to the previous close of Rs. 40.30. The total number of shares traded during the day was 656 in over 8 trades.

The stock hit an intraday high of Rs. 40.50 and intraday low of 39.50. The net turnover during the day was Rs. 26270.00.

Source : Equity Bulls

Keywords

LactoseIndia Q2FY22 H1FY22 ResultUpdate