Universal Starch-Chem Allied Ltd Q2FY22 net profit soars to Rs. 3.28 crore

UNIVERSAL STARCH-CHEM ALLIED 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. 113.2387 crores during the period ended September 30, 2021 as compared to Rs. 106.6264 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 3.2861 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 1.2154 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 7.82 for the period ended September 30, 2021 as compared to Rs. 2.89 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 113.2387 crs	₹106.6264 crs	6.20%
Net Profit	₹3.2861 crs	₹1.2154 crs	170.37%
EPS	₹7.82	₹2.89	170.59%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 113.2387 crores during the period ended September 30, 2021 as compared to Rs.78.6316 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.2861 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.5761 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.7.82 for the period ended September 30, 2021 as compared to Rs.1.37 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 113.2387 crs	₹78.6316 crs	44.01%
Net Profit	₹3.2861 crs	₹0.5761 crs	470.40%
EPS	₹7.82	₹1.37	470.80%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.219.8651 crores during the 6 Months period ended September 30, 2021 as compared to Rs.131.0711 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.4.5016 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.1.1993 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.10.72 for the 6 Months period ended September 30, 2021 as compared to Rs.2.86 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹219.8651 crs	₹131.0711 crs	67.74%
Net Profit	₹4.5016 crs	₹1.1993 crs	275.35%
EPS	₹10.72	₹2.86	274.83%

Shares of UNIVERSAL STARCH-CHEM ALLIED LTD. was last trading in BSE at Rs. 108.80 as compared to the previous close of Rs. 104.05. The total number of shares traded during the day was 449 in over 16 trades.

The stock hit an intraday high of Rs. 109.00 and intraday low of 103.30. The net turnover during the day was Rs. 46760.00.

Source : Equity Bulls

Keywords

UniversalStarchChemAllied Q2FY22 H1FY22 ResultUpdate