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Mindteck India Ltd consolidated Q2 net profit at Rs. 4.41 crore in FY22



Posted On : 2021-11-21 20:18:16( TIMEZONE : IST )

Mindteck India Ltd consolidated Q2 net profit at Rs. 4.41 crore in FY22

The Board of Directors of Mindteck (India) 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 ₹ 6.92 crore, against ₹73.76 crore in the corresponding quarter of the previous year (YoY) and ₹74.84 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹4.41 crore, against ₹2.32 crore in the corresponding quarter of the previous year (YoY) and ₹21.46 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.65, against ₹0.90 in the corresponding quarter of the previous year (YoY) and ₹8.33 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 6.92 crs ₹74.84 crs Up Tick / Down Tick-90.75% ₹73.76 crs Up Tick / Down Tick-90.62%
Net Profit ₹4.41 crs ₹21.46 crs Up Tick / Down Tick-79.45% ₹2.32 crs Up Tick / Down Tick90.09 %
EPS ₹1.65 ₹8.33 Up Tick / Down Tick-80.19% ₹0.90 Up Tick / Down Tick83.33%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹151.76 crore, against ₹144.53 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹25.87 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹3.99 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹9.98 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.55 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹151.76 crs ₹144.53 crs Up Tick / Down Tick5.00%
Net Profit ₹25.87 crs ₹3.99 crs Up Tick / Down Tick548.37%
EPS ₹9.98 ₹1.55 Up Tick / Down Tick543.87%

Shares of Mindteck (India) Limited was last trading in BSE at Rs. 99.10 as compared to the previous close of Rs. 102.75. The total number of shares traded during the day was 7611 in over 352 trades.

The stock hit an intraday high of Rs. 106.90 and intraday low of 98.10. The net turnover during the day was Rs. 765651.00.

Source : Equity Bulls

Keywords

MindteckIndia Q2FY22 H1FY22 ResultUpdate