Stock Report

Sharat Industries Q3FY22 net profit drops to Rs. 65.11 lakhs



Posted On : 2022-01-31 18:10:10( TIMEZONE : IST )

Sharat Industries Q3FY22 net profit drops to Rs. 65.11 lakhs

SHARAT INDUSTRIES 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. 58.0568 crores during the period ended December 31, 2021 as compared to Rs. 66.7547 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.6511 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.8309 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.30 for the period ended December 31, 2021 as compared to Rs. 0.38 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 58.0568 crs ₹66.7547 crs Up Tick / Down Tick-13.03%
Net Profit ₹0.6511 crs ₹0.8309 crs Up Tick / Down Tick-21.64%
EPS ₹0.30 ₹0.38 Up Tick / Down Tick-21.05%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 58.0568 crores during the period ended December 31, 2021 as compared to Rs.68.1126 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.6511 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.6765 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.30 for the period ended December 31, 2021 as compared to Rs.0.31 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 58.0568 crs ₹68.1126 crs Up Tick / Down Tick-14.76%
Net Profit ₹0.6511 crs ₹0.6765 crs Up Tick / Down Tick-3.75%
EPS ₹0.30 ₹0.31 Up Tick / Down Tick-3.23%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.194.2422 crores during the 9 Months period ended December 31, 2021 as compared to Rs.204.0408 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.9520 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.2.7799 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.1.34 for the 9 Months period ended December 31, 2021 as compared to Rs.1.26 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹194.2422 crs ₹204.0408 crs Up Tick / Down Tick-4.80%
Net Profit ₹2.9520 crs ₹2.7799 crs Up Tick / Down Tick6.19%
EPS ₹1.34 ₹1.26 Up Tick / Down Tick6.35%

Shares of SHARAT INDUSTRIES LTD. was last trading in BSE at Rs. 66.90 as compared to the previous close of Rs. 63.75. The total number of shares traded during the day was 15529 in over 16 trades.

The stock hit an intraday high of Rs. 66.90 and intraday low of 61.55. The net turnover during the day was Rs. 1038501.00.

Source : Equity Bulls

Keywords

SharatIndustries Q3FY22 9MFY22 ResultUpdate