Nilachal Refractories Ltd swings to profit in Q2FY22

The Board of Directors of NILACHAL REFRACTORIES 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 ₹ 0.8218 crore, against ₹0.1548 crore in the corresponding quarter of the previous year (YoY) and ₹0.3152 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.1011 crore, against ₹-0.4104 crore in the corresponding quarter of the previous year (YoY) and ₹-0.2604 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.05, against ₹-0.20 in the corresponding quarter of the previous year (YoY) and ₹-0.13 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 0.8218 crs	₹0.3152 crs	160.72%	₹0.1548 crs	430.88%
Net Profit	₹0.1011 crs	₹-0.2604 crs	138.82%	₹-0.4104 crs	124.63 %
EPS	₹0.05	₹-0.13	138.46%	₹-0.20	125.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1.1369 crore, against ₹0.4278 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-0.1592 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.5846 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-0.08 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.29 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1.1369 crs	₹0.4278 crs	165.76%
Net Profit	₹-0.1592 crs	₹-0.5846 crs	72.77%
EPS	₹-0.08	₹-0.29	72.41%

Shares of NILACHAL REFRACTORIES LTD. was last trading in BSE at Rs. 36.90 as compared to the previous close of Rs. 37.70. The total number of shares traded during the day was 3 in over 2 trades.

The stock hit an intraday high of Rs. 36.90 and intraday low of 36.90. The net turnover during the day was Rs. 110.00.

Source : Equity Bulls

Keywords

NilachalRefractories Q2FY22 H1FY22 ResultUpdate