AksharChem India posts net profit of Rs. 5.23 crore in Q3 FY22

AksharChem India Limited 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. 89.8680 crores during the period ended December 31, 2021 as compared to Rs. 83.0646 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 5.2328 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 3.1681 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 6.38 for the period ended December 31, 2021 as compared to Rs. 3.86 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 89.8680 crs	₹83.0646 crs	8.19%
Net Profit	₹5.2328 crs	₹3.1681 crs	65.17%
EPS	₹6.38	₹3.86	65.28%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 89.8680 crores during the period ended December 31, 2021 as compared to Rs.67.0701 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.2328 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.3.3467 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.6.38 for the period ended December 31, 2021 as compared to Rs.4.08 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 89.8680 crs	₹67.0701 crs	33.99%
Net Profit	₹5.2328 crs	₹3.3467 crs	56.36%
EPS	₹6.38	₹4.08	56.37%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.268.8301 crores during the 9 Months period ended December 31, 2021 as compared to Rs.171.7127 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.13.2305 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.6.9287 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.16.13 for the 9 Months period ended December 31, 2021 as compared to Rs.8.45 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹268.8301 crs	₹171.7127 crs	56.56%
Net Profit	₹13.2305 crs	₹6.9287 crs	90.95%
EPS	₹16.13	₹8.45	90.89%

Shares of AksharChem India Limited was last trading in BSE at Rs. 459.40 as compared to the previous close of Rs. 420.30. The total number of shares traded during the day was 11418 in over 1389 trades.

The stock hit an intraday high of Rs. 471.40 and intraday low of 414.35. The net turnover during the day was Rs. 5145501.00.

Source : Equity Bulls

Keywords

AksharChemIndia Q3FY22 9MFY22 ResultUpdate