Advance Syntex Ltd Q2FY2021-22 loss at Rs. 2.08 crore

The Board of Directors of Advance Syntex Ltd, 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 ₹ 10.2816 crore, against ₹12.6837 crore in the corresponding quarter of the previous year (YoY) and ₹5.7819 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-2.0899 crore, against ₹-0.6049 crore in the corresponding quarter of the previous year (YoY) and ₹-1.4728 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1.86, against ₹-0.54 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	₹ 10.2816 crs	₹5.7819 crs	77.82%	₹12.6837 crs	-18.94%
Net Profit	₹-2.0899 crs	₹-1.4728 crs	41.90%	₹-0.6049 crs	245.50 %
EPS	₹-1.86	₹-1.35	37.78%	₹-0.54	244.44%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹16.0635 crore, against ₹18.2591 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-3.5627 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.3659 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-3.21 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.23 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹16.0635 crs	₹18.2591 crs	-12.02%
Net Profit	₹-3.5627 crs	₹-1.3659 crs	160.83%
EPS	₹-3.21	₹-1.23	160.98%

Shares of Advance Syntex Ltd was last trading in BSE at Rs. 12.75 as compared to the previous close of Rs. 12.78. The total number of shares traded during the day was 4283 in over 20 trades.

The stock hit an intraday high of Rs. 13.40 and intraday low of 12.15. The net turnover during the day was Rs. 53525.00.

Source : Equity Bulls

Keywords

AdvanceSyntex Q2FY22 H1FY22 ResultUpdate