Religare Enterprises Ltd consolidated Q2 loss at Rs. 429.13 crore in FY22

Religare Enterprises Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 888.0210 crores during the period ended September 30, 2021 as compared to Rs. 647.5983 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -429.1379 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -252.8465 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -14 for the period ended September 30, 2021 as compared to Rs. -9.75 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 888.0210 crs	₹647.5983 crs	37.13%
Net Profit	₹-429.1379 crs	₹-252.8465 crs	69.72%
EPS	₹-14	₹-9.75	43.59%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 888.0210 crores during the period ended September 30, 2021 as compared to Rs.640.1813 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-429.1379 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-117.6160 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-14 for the period ended September 30, 2021 as compared to Rs.-4.55 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 888.0210 crs	₹640.1813 crs	38.71%
Net Profit	₹-429.1379 crs	₹-117.6160 crs	264.86%
EPS	₹-14	₹-4.55	207.69%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1535.6193 crores during the 6 Months period ended September 30, 2021 as compared to Rs.1155.2779 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-681.9844 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-305.3091 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-24.08 for the 6 Months period ended September 30, 2021 as compared to Rs.-11.83 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1535.6193 crs	₹1155.2779 crs	32.92%
Net Profit	₹-681.9844 crs	₹-305.3091 crs	123.38%
EPS	₹-24.08	₹-11.83	103.55%

Shares of Religare Enterprises Limited was last trading in BSE at Rs. 171.45 as compared to the previous close of Rs. 175.95. The total number of shares traded during the day was 116090 in over 1531 trades.

The stock hit an intraday high of Rs. 178.65 and intraday low of 167.50. The net turnover during the day was Rs. 20021616.00.

Source : Equity Bulls

Keywords

ReligareEnterprises Q2FY22 H1FY22 ResultUpdate