Accel Ltd consolidated Q2FY22 profit at Rs. 53.23 lakhs

The Board of Directors of Accel Ltd, 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 ₹ 28.4169 crore, against ₹18.8962 crore in the corresponding quarter of the previous year (YoY) and ₹22.5009 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.5323 crore, against ₹-1.9619 crore in the corresponding quarter of the previous year (YoY) and ₹1.5466 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.09, against ₹-0.42 in the corresponding quarter of the previous year (YoY) and ₹0.20 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 28.4169 crs	₹22.5009 crs	26.29%	₹18.8962 crs	50.38%
Net Profit	₹0.5323 crs	₹1.5466 crs	-65.58%	₹-1.9619 crs	127.13 %
EPS	₹0.09	₹0.20	-55.00%	₹-0.42	121.43%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹50.9178 crore, against ₹20.2318 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.0789 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-3.2946 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.29 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.68 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹50.9178 crs	₹20.2318 crs	151.67%
Net Profit	₹2.0789 crs	₹-3.2946 crs	163.10%
EPS	₹0.29	₹-0.68	142.65%

Shares of Accel Ltd was last trading in BSE at Rs. 13.33 as compared to the previous close of Rs. 13.79. The total number of shares traded during the day was 14362 in over 80 trades.

The stock hit an intraday high of Rs. 13.85 and intraday low of 13.26. The net turnover during the day was Rs. 192883.00.

Source : Equity Bulls

Keywords

Accel Q2FY22 H1FY22 ResultUpdate