Rapicut Carbides posts loss of Rs. 28.47 lakhs in Q3FY22

RAPICUT CARBIDES 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. 6.8525 crores during the period ended December 31, 2021 as compared to Rs. 9.0071 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -0.2847 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -0.3867 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -0.53 for the period ended December 31, 2021 as compared to Rs. -0.72 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 6.8525 crs	₹9.0071 crs	-23.92%
Net Profit	₹-0.2847 crs	₹-0.3867 crs	26.38%
EPS	₹-0.53	₹-0.72	26.39%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 6.8525 crores during the period ended December 31, 2021 as compared to Rs.7.46 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-0.2847 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-0.62 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-0.53 for the period ended December 31, 2021 as compared to Rs.-1.15 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 6.8525 crs	₹7.46 crs	-8.14%
Net Profit	₹-0.2847 crs	₹-0.62 crs	54.08%
EPS	₹-0.53	₹-1.15	53.91%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.23.6996 crores during the 9 Months period ended December 31, 2021 as compared to Rs.17.72 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-0.9414 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-1.10 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-1.75 for the 9 Months period ended December 31, 2021 as compared to Rs.-2.05 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹23.6996 crs	₹17.72 crs	33.74%
Net Profit	₹-0.9414 crs	₹-1.10 crs	14.42%
EPS	₹-1.75	₹-2.05	14.63%

Shares of RAPICUT CARBIDES LTD. was last trading in BSE at Rs. 59.05 as compared to the previous close of Rs. 56.25. The total number of shares traded during the day was 7622 in over 52 trades.

The stock hit an intraday high of Rs. 59.05 and intraday low of 58.35. The net turnover during the day was Rs. 448056.00.

Source : Equity Bulls

Keywords

RapicutCarbides Q3FY22 9MFY22 ResultUpdate