Stock Report

NESCO Ltd reports higher QoQ, YoY profit in Q2 FY2021-22



Posted On : 2021-11-21 18:24:49( TIMEZONE : IST )

NESCO Ltd reports higher QoQ, YoY profit in Q2 FY2021-22

Nesco 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. 90.5672 crores during the period ended September 30, 2021 as compared to Rs. 85.7906 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 43.9875 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 42.3591 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 6.24 for the period ended September 30, 2021 as compared to Rs. 6.01 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 90.5672 crs ₹85.7906 crs Up Tick / Down Tick5.57%
Net Profit ₹43.9875 crs ₹42.3591 crs Up Tick / Down Tick3.84%
EPS ₹6.24 ₹6.01 Up Tick / Down Tick3.83%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 90.5672 crores during the period ended September 30, 2021 as compared to Rs.78.0615 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.43.9875 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.32.4690 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.6.24 for the period ended September 30, 2021 as compared to Rs.4.61 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 90.5672 crs ₹78.0615 crs Up Tick / Down Tick16.02%
Net Profit ₹43.9875 crs ₹32.4690 crs Up Tick / Down Tick35.48%
EPS ₹6.24 ₹4.61 Up Tick / Down Tick35.36%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.176.3579 crores during the 6 Months period ended September 30, 2021 as compared to Rs.169.4474 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.86.3468 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.83.7978 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.12.25 for the 6 Months period ended September 30, 2021 as compared to Rs.11.89 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹176.3579 crs ₹169.4474 crs Up Tick / Down Tick4.08%
Net Profit ₹86.3468 crs ₹83.7978 crs Up Tick / Down Tick3.04%
EPS ₹12.25 ₹11.89 Up Tick / Down Tick3.03%

Shares of Nesco Limited was last trading in BSE at Rs. 621.70 as compared to the previous close of Rs. 629.90. The total number of shares traded during the day was 4615 in over 638 trades.

The stock hit an intraday high of Rs. 639.00 and intraday low of 607.30. The net turnover during the day was Rs. 2877988.00.

Source : Equity Bulls

Keywords

NESCO Q2FY22 H1FY22 ResultUpdate