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Sreechem Resins Ltd Q2FY22 PAT drops to Rs. 2.92 lakhs



Posted On : 2021-11-20 14:36:46( TIMEZONE : IST )

Sreechem Resins Ltd Q2FY22 PAT drops to Rs. 2.92 lakhs

The Board of Directors of SREECHEM RESINS 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 ₹ 8.7017 crore, against ₹3.8195 crore in the corresponding quarter of the previous year (YoY) and ₹14.3110 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.0292 crore, against ₹0.0391 crore in the corresponding quarter of the previous year (YoY) and ₹0.3454 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.07, against ₹0.10 in the corresponding quarter of the previous year (YoY) and ₹0.86 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 8.7017 crs ₹14.3110 crs Up Tick / Down Tick-39.20% ₹3.8195 crs Up Tick / Down Tick127.82%
Net Profit ₹0.0292 crs ₹0.3454 crs Up Tick / Down Tick-91.55% ₹0.0391 crs Up Tick / Down Tick-25.32 %
EPS ₹0.07 ₹0.86 Up Tick / Down Tick-91.86% ₹0.10 Up Tick / Down Tick-30.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹23.0127 crore, against ₹5.8615 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.3746 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.2478 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.94 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.62 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹23.0127 crs ₹5.8615 crs Up Tick / Down Tick292.61%
Net Profit ₹0.3746 crs ₹-0.2478 crs Up Tick / Down Tick251.17%
EPS ₹0.94 ₹-0.62 Up Tick / Down Tick251.61%

Shares of SREECHEM RESINS LTD. was last trading in BSE at Rs. 26.95 as compared to the previous close of Rs. 26.65. The total number of shares traded during the day was 5200 in over 14 trades.

The stock hit an intraday high of Rs. 26.95 and intraday low of 26.10. The net turnover during the day was Rs. 138300.00.

Source : Equity Bulls

Keywords

SreechemResins Q2FY22 H1FY22 ResultUpdate