Eimco Elecon India Ltd Q3FY22 consolidated profit up QoQ at Rs. 1.89 crore

Eimco Elecon (India) 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. 24.2536 crores during the period ended December 31, 2021 as compared to Rs. 13.7351 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 1.8980 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 1.2504 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 3.29 for the period ended December 31, 2021 as compared to Rs. 2.17 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 24.2536 crs	₹13.7351 crs	76.58%
Net Profit	₹1.8980 crs	₹1.2504 crs	51.79%
EPS	₹3.29	₹2.17	51.61%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 24.2536 crores during the period ended December 31, 2021 as compared to Rs.34.8194 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.8980 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.3.1776 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.29 for the period ended December 31, 2021 as compared to Rs.5.51 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 24.2536 crs	₹34.8194 crs	-30.34%
Net Profit	₹1.8980 crs	₹3.1776 crs	-40.27%
EPS	₹3.29	₹5.51	-40.29%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.55.0924 crores during the 9 Months period ended December 31, 2021 as compared to Rs.97.9497 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.4.8913 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.11.0222 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.8.48 for the 9 Months period ended December 31, 2021 as compared to Rs.19.11 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹55.0924 crs	₹97.9497 crs	-43.75%
Net Profit	₹4.8913 crs	₹11.0222 crs	-55.62%
EPS	₹8.48	₹19.11	-55.63%

Shares of Eimco Elecon (India) Limited was last trading in BSE at Rs. 354.80 as compared to the previous close of Rs. 350.65. The total number of shares traded during the day was 333 in over 71 trades.

The stock hit an intraday high of Rs. 372.00 and intraday low of 349.05. The net turnover during the day was Rs. 118332.00.

Source : Equity Bulls

Keywords

EimcoEleconIndia Q3FY22 9MFY22 ResultUpdate