Nava Bharat Ventures consolidated Q3 FY22 net profit climbs to Rs. 168.55 crores

Nava Bharat Ventures Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 1005.3670 crores during the period ended December 31, 2021 as compared to Rs. 889.2057 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 168.5580 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 31.0950 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 11.60 for the period ended December 31, 2021 as compared to Rs. 2.14 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 1005.3670 crs	₹889.2057 crs	13.06%
Net Profit	₹168.5580 crs	₹31.0950 crs	442.07%
EPS	₹11.60	₹2.14	442.06%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 1005.3670 crores during the period ended December 31, 2021 as compared to Rs.709.8964 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.168.5580 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.118.4455 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.11.60 for the period ended December 31, 2021 as compared to Rs.7.25 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 1005.3670 crs	₹709.8964 crs	41.62%
Net Profit	₹168.5580 crs	₹118.4455 crs	42.31%
EPS	₹11.60	₹7.25	60.00%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2506.1192 crores during the 9 Months period ended December 31, 2021 as compared to Rs.2001.3644 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.245.0963 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.288.8129 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.16.87 for the 9 Months period ended December 31, 2021 as compared to Rs.17.67 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹2506.1192 crs	₹2001.3644 crs	25.22%
Net Profit	₹245.0963 crs	₹288.8129 crs	-15.14%
EPS	₹16.87	₹17.67	-4.53%

Shares of Nava Bharat Ventures Limited was last trading in BSE at Rs. 119.20 as compared to the previous close of Rs. 114.05. The total number of shares traded during the day was 38753 in over 1280 trades.

The stock hit an intraday high of Rs. 119.80 and intraday low of 112.50. The net turnover during the day was Rs. 4490780.00.

Source : Equity Bulls

Keywords

NavaBharatVentures Q3FY22 9MFY22 ResultUpdate