The Indian Wood Products Company Ltd Q2 FY2021-22 consolidated loss at Rs. 1.74 crore

The Board of Directors of The Indian Wood Products Company 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 ₹ 36.9593 crore, against ₹37.7362 crore in the corresponding quarter of the previous year (YoY) and ₹42.2703 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-1.7436 crore, against ₹2.1405 crore in the corresponding quarter of the previous year (YoY) and ₹-0.4574 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.27, against ₹0.33 in the corresponding quarter of the previous year (YoY) and ₹-0.07 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 36.9593 crs	₹42.2703 crs	-12.56%	₹37.7362 crs	-2.06%
Net Profit	₹-1.7436 crs	₹-0.4574 crs	281.20%	₹2.1405 crs	-181.46 %
EPS	₹-0.27	₹-0.07	285.71%	₹0.33	-181.82%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹79.2296 crore, against ₹68.5236 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-2.2010 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.4960 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-0.34 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.23 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹79.2296 crs	₹68.5236 crs	15.62%
Net Profit	₹-2.2010 crs	₹-1.4960 crs	47.13%
EPS	₹-0.34	₹-0.23	47.83%

Shares of The Indian Wood Products Company Ltd was last trading in BSE at Rs. 36.55 as compared to the previous close of Rs. 37.50. The total number of shares traded during the day was 44625 in over 110 trades.

The stock hit an intraday high of Rs. 37.90 and intraday low of 36.00. The net turnover during the day was Rs. 1647141.00.

Source : Equity Bulls

Keywords

IWP Q2FY22 H1FY22 ResultUpdate TheIndianWoodProductsCompany