Jai Balaji Industries Ltd Q2FY22 consolidated net profit drops QoQ to Rs. 7.05 crore

The Board of Directors of Jai Balaji Industries Limited, 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 ₹ 1050.4226 crore, against ₹680.2592 crore in the corresponding quarter of the previous year (YoY) and ₹979.4642 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹7.0542 crore, against ₹-22.4801 crore in the corresponding quarter of the previous year (YoY) and ₹22.4969 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.64, against ₹-2.04 in the corresponding quarter of the previous year (YoY) and ₹2.04 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 1050.4226 crs	₹979.4642 crs	7.24%	₹680.2592 crs	54.42%
Net Profit	₹7.0542 crs	₹22.4969 crs	-68.64%	₹-22.4801 crs	131.38 %
EPS	₹0.64	₹2.04	-68.63%	₹-2.04	131.37%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹2029.8868 crore, against ₹996.8145 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹29.5511 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-109.2288 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.68 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-9.89 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹2029.8868 crs	₹996.8145 crs	103.64%
Net Profit	₹29.5511 crs	₹-109.2288 crs	127.05%
EPS	₹2.68	₹-9.89	127.10%

Shares of Jai Balaji Industries Limited was last trading in BSE at Rs. 65.90 as compared to the previous close of Rs. 63.65. The total number of shares traded during the day was 61266 in over 985 trades.

The stock hit an intraday high of Rs. 69.20 and intraday low of 62.90. The net turnover during the day was Rs. 4103359.00.

Source : Equity Bulls

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JaiBalajiIndustries Q2FY22 H1FY22 ResultUpdate