Suryavanshi Spinning Mills Ltd Q2FY22 profit at Rs. 39.43 lakhs

SURYAVANSHI SPINNING MILLS LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 12.3945 crores during the period ended September 30, 2021 as compared to Rs. 10.7282 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.3943 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -0.5556 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.80 for the period ended September 30, 2021 as compared to Rs. -1.13 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 12.3945 crs	₹10.7282 crs	15.53%
Net Profit	₹0.3943 crs	₹-0.5556 crs	170.97%
EPS	₹0.80	₹-1.13	170.80%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 12.3945 crores during the period ended September 30, 2021 as compared to Rs.9.3062 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.3943 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.9450 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.80 for the period ended September 30, 2021 as compared to Rs.-1.93 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 12.3945 crs	₹9.3062 crs	33.19%
Net Profit	₹0.3943 crs	₹-0.9450 crs	141.72%
EPS	₹0.80	₹-1.93	141.45%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.23.1227 crores during the 6 Months period ended September 30, 2021 as compared to Rs.12.2977 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.1612 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-2.1581 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-0.33 for the 6 Months period ended September 30, 2021 as compared to Rs.-4.40 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹23.1227 crs	₹12.2977 crs	88.02%
Net Profit	₹-0.1612 crs	₹-2.1581 crs	92.53%
EPS	₹-0.33	₹-4.40	92.50%

Shares of SURYAVANSHI SPINNING MILLS LTD. was last trading in BSE at Rs. 11.21 as compared to the previous close of Rs. 11.42. The total number of shares traded during the day was 1650 in over 16 trades.

The stock hit an intraday high of Rs. 11.95 and intraday low of 11.00. The net turnover during the day was Rs. 19225.00.

Source : Equity Bulls

Keywords

SuryavanshiSpinningMills Q2FY22 H1FY22 ResultUpdate