AVI Polymers Ltd Q3FY22 PAT rises to Rs. 27.57 lakhs

AVI Polymers Ltd has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 2.7635 crores during the period ended December 31, 2021 as compared to Rs. 0.1625 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.2757 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.0389 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.67 for the period ended December 31, 2021 as compared to Rs. 0.10 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 2.7635 crs	₹0.1625 crs	1,600.62%
Net Profit	₹0.2757 crs	₹0.0389 crs	608.74%
EPS	₹0.67	₹0.10	570.00%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 2.7635 crores during the period ended December 31, 2021 as compared to Rs.2.0949 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.2757 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.1938 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.67 for the period ended December 31, 2021 as compared to Rs.0.47 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 2.7635 crs	₹2.0949 crs	31.92%
Net Profit	₹0.2757 crs	₹0.1938 crs	42.26%
EPS	₹0.67	₹0.47	42.55%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.3.0603 crores during the 9 Months period ended December 31, 2021 as compared to Rs.2.2836 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.3549 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.2419 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.87 for the 9 Months period ended December 31, 2021 as compared to Rs.0.59 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹3.0603 crs	₹2.2836 crs	34.01%
Net Profit	₹0.3549 crs	₹0.2419 crs	46.71%
EPS	₹0.87	₹0.59	47.46%

Shares of AVI Polymers Ltd was last trading in BSE at Rs. 40.00 as compared to the previous close of Rs. 38.10. The total number of shares traded during the day was 446044 in over 1341 trades.

The stock hit an intraday high of Rs. 40.00 and intraday low of 36.20. The net turnover during the day was Rs. 17030045.00.

Source : Equity Bulls

Keywords

AVIPolymers Q3FY22 9MFY22 ResultUpdate