RACL Geartech posts consolidated PAT of Rs. 7.52 crores in Q3 FY2021-22

RACL Geartech Ltd 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. 75.0752 crores during the period ended December 31, 2021 as compared to Rs. 69.5202 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 7.5224 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 6.5192 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 6.98 for the period ended December 31, 2021 as compared to Rs. 6.05 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 75.0752 crs	₹69.5202 crs	7.99%
Net Profit	₹7.5224 crs	₹6.5192 crs	15.39%
EPS	₹6.98	₹6.05	15.37%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 75.0752 crores during the period ended December 31, 2021 as compared to Rs.65.4737 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.7.5224 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.9.0862 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.6.98 for the period ended December 31, 2021 as compared to Rs.8.43 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 75.0752 crs	₹65.4737 crs	14.66%
Net Profit	₹7.5224 crs	₹9.0862 crs	-17.21%
EPS	₹6.98	₹8.43	-17.20%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.202.1134 crores during the 9 Months period ended December 31, 2021 as compared to Rs.138.7434 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.18.9985 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.16.2213 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.17.62 for the 9 Months period ended December 31, 2021 as compared to Rs.15.05 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹202.1134 crs	₹138.7434 crs	45.67%
Net Profit	₹18.9985 crs	₹16.2213 crs	17.12%
EPS	₹17.62	₹15.05	17.08%

Shares of RACL Geartech Ltd was last trading in BSE at Rs. 647.95 as compared to the previous close of Rs. 649.25. The total number of shares traded during the day was 21892 in over 255 trades.

The stock hit an intraday high of Rs. 667.00 and intraday low of 645.00. The net turnover during the day was Rs. 14215049.00.

Source : Equity Bulls

Keywords

RACLGeartech Q3FY22 9MFY22 ResultUpdate