IG Petrochemicals Q3FY22 consolidated net profit higher at Rs. 74.35 crores

IG Petrochemicals 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. 508.9239 crores during the period ended December 31, 2021 as compared to Rs. 473.1049 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 74.3561 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 65.0419 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 24.14 for the period ended December 31, 2021 as compared to Rs. 21.12 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 508.9239 crs	₹473.1049 crs	7.57%
Net Profit	₹74.3561 crs	₹65.0419 crs	14.32%
EPS	₹24.14	₹21.12	14.30%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 508.9239 crores during the period ended December 31, 2021 as compared to Rs.315.4777 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.74.3561 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.62.8665 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.24.14 for the period ended December 31, 2021 as compared to Rs.20.41 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 508.9239 crs	₹315.4777 crs	61.32%
Net Profit	₹74.3561 crs	₹62.8665 crs	18.28%
EPS	₹24.14	₹20.41	18.28%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1370.6129 crores during the 9 Months period ended December 31, 2021 as compared to Rs.701.6394 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.190.8802 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.88.2577 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.61.98 for the 9 Months period ended December 31, 2021 as compared to Rs.28.66 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1370.6129 crs	₹701.6394 crs	95.34%
Net Profit	₹190.8802 crs	₹88.2577 crs	116.28%
EPS	₹61.98	₹28.66	116.26%

Shares of IG Petrochemicals Limited was last trading in BSE at Rs. 741.80 as compared to the previous close of Rs. 760.75. The total number of shares traded during the day was 9989 in over 1233 trades.

The stock hit an intraday high of Rs. 773.90 and intraday low of 736.70. The net turnover during the day was Rs. 7566560.00.

Source : Equity Bulls

Keywords

IGPetrochemicals Q3FY22 9MFY22 ResultUpdate IGPL