Stock Report

Veer Energy and Infrastructure Ltd posts PAT of Rs. 15.45 lakhs in Q2FY22



Posted On : 2021-11-19 22:25:16( TIMEZONE : IST )

Veer Energy and Infrastructure Ltd posts PAT of Rs. 15.45 lakhs in Q2FY22

The Board of Directors of VEER ENERGY & INFRASTRUCTURE 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 ₹ 1.6713 crore, against ₹1.7244 crore in the corresponding quarter of the previous year (YoY) and ₹1.2782 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.1545 crore, against ₹0.1504 crore in the corresponding quarter of the previous year (YoY) and ₹0.2579 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.13, against ₹0.13 in the corresponding quarter of the previous year (YoY) and ₹0.22 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 1.6713 crs ₹1.2782 crs Up Tick / Down Tick30.75% ₹1.7244 crs Up Tick / Down Tick-3.08%
Net Profit ₹0.1545 crs ₹0.2579 crs Up Tick / Down Tick-40.09% ₹0.1504 crs Up Tick / Down Tick2.73 %
EPS ₹0.13 ₹0.22 Up Tick / Down Tick-40.91% ₹0.13 Up Tick / Down Tick0.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹2.9495 crore, against ₹4.5766 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.4124 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.6663 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.36 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.58 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹2.9495 crs ₹4.5766 crs Up Tick / Down Tick-35.55%
Net Profit ₹0.4124 crs ₹0.6663 crs Up Tick / Down Tick-38.11%
EPS ₹0.36 ₹0.58 Up Tick / Down Tick-37.93%

Shares of VEER ENERGY & INFRASTRUCTURE LTD. was last trading in BSE at Rs. 13.69 as compared to the previous close of Rs. 13.45. The total number of shares traded during the day was 24406 in over 141 trades.

The stock hit an intraday high of Rs. 14.12 and intraday low of 12.85. The net turnover during the day was Rs. 334148.00.

Source : Equity Bulls

Keywords

VeerEnergyandInfrastructure Q2FY22 H1FY22 ResultUpdate