Ganga Papers India Ltd Q3FY22 net profit up QoQ at Rs. 1.01 crore

GANGA PAPERS INDIA 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. 73.8235 crores during the period ended December 31, 2021 as compared to Rs. 49.0309 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 1.0174 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.6702 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.94 for the period ended December 31, 2021 as compared to Rs. 0.62 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 73.8235 crs	₹49.0309 crs	50.57%
Net Profit	₹1.0174 crs	₹0.6702 crs	51.81%
EPS	₹0.94	₹0.62	51.61%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 73.8235 crores during the period ended December 31, 2021 as compared to Rs.46.6916 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.0174 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.1.1249 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.94 for the period ended December 31, 2021 as compared to Rs.1.04 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 73.8235 crs	₹46.6916 crs	58.11%
Net Profit	₹1.0174 crs	₹1.1249 crs	-9.56%
EPS	₹0.94	₹1.04	-9.62%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.205.0594 crores during the 9 Months period ended December 31, 2021 as compared to Rs.110.2438 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.3.8242 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.2.0293 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.54 for the 9 Months period ended December 31, 2021 as compared to Rs.1.88 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹205.0594 crs	₹110.2438 crs	86.01%
Net Profit	₹3.8242 crs	₹2.0293 crs	88.45%
EPS	₹3.54	₹1.88	88.30%

Shares of GANGA PAPERS INDIA LTD. was last trading in BSE at Rs. 66.05 as compared to the previous close of Rs. 62.95. The total number of shares traded during the day was 41 in over 2 trades.

The stock hit an intraday high of Rs. 66.05 and intraday low of 66.05. The net turnover during the day was Rs. 2708.00.

Source : Equity Bulls

Keywords

GangaPapersIndia Q3FY22 9MFY22 ResultUpdate