Stock Report

Baid Leasing and Finance Company Ltd Q2FY22 net profit up QoQ at Rs. 2.15 crore



Posted On : 2021-11-21 20:44:28( TIMEZONE : IST )

Baid Leasing and Finance Company Ltd Q2FY22 net profit up QoQ at Rs. 2.15 crore

The Board of Directors of BAID LEASING AND FINANCE CO.LTD., at its meeting held today have approved the unaudited Standalone 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 ₹ 12.3455 crore, against ₹13.9520 crore in the corresponding quarter of the previous year (YoY) and ₹12.2045 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.1506 crore, against ₹2.5659 crore in the corresponding quarter of the previous year (YoY) and ₹1.5896 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.79, against ₹2.14 in the corresponding quarter of the previous year (YoY) and ₹1.32 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 12.3455 crs ₹12.2045 crs Up Tick / Down Tick1.16% ₹13.9520 crs Up Tick / Down Tick-11.51%
Net Profit ₹2.1506 crs ₹1.5896 crs Up Tick / Down Tick35.29% ₹2.5659 crs Up Tick / Down Tick-16.19 %
EPS ₹1.79 ₹1.32 Up Tick / Down Tick35.61% ₹2.14 Up Tick / Down Tick-16.36%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹24.55 crore, against ₹27.0249 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹3.7402 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹4.1973 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹3.12 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹3.50 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹24.55 crs ₹27.0249 crs Up Tick / Down Tick-9.16%
Net Profit ₹3.7402 crs ₹4.1973 crs Up Tick / Down Tick-10.89%
EPS ₹3.12 ₹3.50 Up Tick / Down Tick-10.86%

Shares of BAID LEASING AND FINANCE CO.LTD. was last trading in BSE at Rs. 84.95 as compared to the previous close of Rs. 89.40. The total number of shares traded during the day was 19376 in over 175 trades.

The stock hit an intraday high of Rs. 93.85 and intraday low of 84.95. The net turnover during the day was Rs. 1740355.00.

Source : Equity Bulls

Keywords

BaidLeasingandFinanceCompany Q2FY22 H1FY22 ResultUpdate