Stock Report

Axtel Industries Ltd Q2FY22 profit declines to Rs. 2.05 crore



Posted On : 2021-11-16 22:40:21( TIMEZONE : IST )

Axtel Industries Ltd Q2FY22 profit declines to Rs. 2.05 crore

The Board of Directors of AXTEL INDUSTRIES 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 ₹ 28.3091 crore, against ₹40.1785 crore in the corresponding quarter of the previous year (YoY) and ₹25.0187 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.0596 crore, against ₹5.3984 crore in the corresponding quarter of the previous year (YoY) and ₹3.0221 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.27, against ₹3.34 in the corresponding quarter of the previous year (YoY) and ₹1.87 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 28.3091 crs ₹25.0187 crs Up Tick / Down Tick13.15% ₹40.1785 crs Up Tick / Down Tick-29.54%
Net Profit ₹2.0596 crs ₹3.0221 crs Up Tick / Down Tick-31.85% ₹5.3984 crs Up Tick / Down Tick-61.85 %
EPS ₹1.27 ₹1.87 Up Tick / Down Tick-32.09% ₹3.34 Up Tick / Down Tick-61.98%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹53.3278 crore, against ₹72.3294 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹5.0818 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹12.1035 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹3.15 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹7.49 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹53.3278 crs ₹72.3294 crs Up Tick / Down Tick-26.27%
Net Profit ₹5.0818 crs ₹12.1035 crs Up Tick / Down Tick-58.01%
EPS ₹3.15 ₹7.49 Up Tick / Down Tick-57.94%

Shares of AXTEL INDUSTRIES LTD. was last trading in BSE at Rs. 294.90 as compared to the previous close of Rs. 302.30. The total number of shares traded during the day was 9028 in over 228 trades.

The stock hit an intraday high of Rs. 308.95 and intraday low of 293.10. The net turnover during the day was Rs. 2714341.00.

Source : Equity Bulls

Keywords

AxtelIndustries Q2FY22 H1FY22 ResultUpdate