Kovalam Investment and Trading Company Ltd Q2FY22 PAT drops QoQ to Rs. 65.18 lakhs

The Board of Directors of , 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 ₹ 0.7165 crore, against ₹1.0913 crore in the corresponding quarter of the previous year (YoY) and ₹1.3184 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.6518 crore, against ₹0.6282 crore in the corresponding quarter of the previous year (YoY) and ₹1.2029 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.93, against ₹2.82 in the corresponding quarter of the previous year (YoY) and ₹5.41 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 0.7165 crs	₹1.3184 crs	-45.65%	₹1.0913 crs	-34.34%
Net Profit	₹0.6518 crs	₹1.2029 crs	-45.81%	₹0.6282 crs	3.76 %
EPS	₹2.93	₹5.41	-45.84%	₹2.82	3.90%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹2.0349 crore, against ₹2.2911 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹1.8546 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.6567 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹8.34 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹7.45 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹2.0349 crs	₹2.2911 crs	-11.18%
Net Profit	₹1.8546 crs	₹1.6567 crs	11.95%
EPS	₹8.34	₹7.45	11.95%

Source : Equity Bulls

Keywords

KovalamInvestmentandTradingCompany Q2FY22 H1FY22 ResultUpdate