Switching Technologies Gunther Ltd Q2FY22 loss increases to Rs. 2.06 crore

The Board of Directors of SWITCHING TECHNOLOGIES GUNTHER 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 ₹ 3.4877 crore, against ₹3.2446 crore in the corresponding quarter of the previous year (YoY) and ₹1.9212 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-2.0694 crore, against ₹-0.4954 crore in the corresponding quarter of the previous year (YoY) and ₹-1.4345 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-8.45, against ₹-2.02 in the corresponding quarter of the previous year (YoY) and ₹-5.86 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 3.4877 crs	₹1.9212 crs	81.54%	₹3.2446 crs	7.49%
Net Profit	₹-2.0694 crs	₹-1.4345 crs	44.26%	₹-0.4954 crs	317.72 %
EPS	₹-8.45	₹-5.86	44.20%	₹-2.02	318.32%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹5.4089 crore, against ₹4.3038 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-3.5039 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.7576 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-14.30 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-7.17 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹5.4089 crs	₹4.3038 crs	25.68%
Net Profit	₹-3.5039 crs	₹-1.7576 crs	99.36%
EPS	₹-14.30	₹-7.17	99.44%

Shares of SWITCHING TECHNOLOGIES GUNTHER LTD. was last trading in BSE at Rs. 43.20 as compared to the previous close of Rs. 43.25. The total number of shares traded during the day was 5 in over 1 trades.

The stock hit an intraday high of Rs. 43.20 and intraday low of 43.20. The net turnover during the day was Rs. 216.00.

Source : Equity Bulls

Keywords

SwitchingTechnologiesGunther Q2FY22 H1FY22 ResultUpdate