Prince Pipes and Fittings Q3FY22 PAT drops QoQ to Rs. 67.32 crores

Prince Pipes And Fittings 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. 665.721 crores during the period ended December 31, 2021 as compared to Rs. 762.480 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 67.324 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 76.088 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 6.11 for the period ended December 31, 2021 as compared to Rs. 6.89 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 665.721 crs	₹762.480 crs	-12.69%
Net Profit	₹67.324 crs	₹76.088 crs	-11.52%
EPS	₹6.11	₹6.89	-11.32%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 665.721 crores during the period ended December 31, 2021 as compared to Rs.553.639 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.67.324 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.66.791 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.6.11 for the period ended December 31, 2021 as compared to Rs.6.06 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 665.721 crs	₹553.639 crs	20.24%
Net Profit	₹67.324 crs	₹66.791 crs	0.80%
EPS	₹6.11	₹6.06	0.83%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1761.001 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1323.270 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.161.167 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.124.613 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.14.63 for the 9 Months period ended December 31, 2021 as compared to Rs.11.33 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1761.001 crs	₹1323.270 crs	33.08%
Net Profit	₹161.167 crs	₹124.613 crs	29.33%
EPS	₹14.63	₹11.33	29.13%

Shares of Prince Pipes And Fittings Limited was last trading in BSE at Rs. 716.35 as compared to the previous close of Rs. 676.30. The total number of shares traded during the day was 49657 in over 3968 trades.

The stock hit an intraday high of Rs. 719.95 and intraday low of 682.95. The net turnover during the day was Rs. 34953270.00.

Source : Equity Bulls

Keywords

PrincePipesandFittings Q3FY22 9MFY22 ResultUpdate