Palash Securities Ltd reports Rs. 1.18 crore consolidated loss in Q2FY22

The Board of Directors of Palash Securities Limited, at its meeting held today have approved the unaudited Consolidated 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 ₹ 19.8770 crore, against ₹17.7487 crore in the corresponding quarter of the previous year (YoY) and ₹8.7279 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-1.1805 crore, against ₹0.6432 crore in the corresponding quarter of the previous year (YoY) and ₹-3.0888 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1.18, against ₹0.64 in the corresponding quarter of the previous year (YoY) and ₹-3.09 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 19.8770 crs	₹8.7279 crs	127.74%	₹17.7487 crs	11.99%
Net Profit	₹-1.1805 crs	₹-3.0888 crs	61.78%	₹0.6432 crs	-283.54 %
EPS	₹-1.18	₹-3.09	61.81%	₹0.64	-284.38%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹28.6049 crore, against ₹23.2901 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-4.2693 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.4765 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-4.27 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.48 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹28.6049 crs	₹23.2901 crs	22.82%
Net Profit	₹-4.2693 crs	₹-1.4765 crs	189.15%
EPS	₹-4.27	₹-1.48	188.51%

Shares of Palash Securities Limited was last trading in BSE at Rs. 87.70 as compared to the previous close of Rs. 75.00. The total number of shares traded during the day was 56111 in over 679 trades.

The stock hit an intraday high of Rs. 90.00 and intraday low of 81.00. The net turnover during the day was Rs. 4959544.00.

Source : Equity Bulls

Keywords

PalashSecurities Q2FY22 H1FY22 ResultUpdate