Stock Report

Orient Abrasives Ltd Q3 FY2021-22 net profit lower at Rs. 1.01 crore



Posted On : 2022-02-07 23:23:31( TIMEZONE : IST )

Orient Abrasives Ltd Q3 FY2021-22 net profit lower at Rs. 1.01 crore

Orient Abrasives 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. 45.0119 crores during the period ended December 31, 2021 as compared to Rs. 72.4757 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 1.0141 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 1.4434 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.08 for the period ended December 31, 2021 as compared to Rs. 0.12 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 45.0119 crs ₹72.4757 crs Up Tick / Down Tick-37.89%
Net Profit ₹1.0141 crs ₹1.4434 crs Up Tick / Down Tick-29.74%
EPS ₹0.08 ₹0.12 Up Tick / Down Tick-33.33%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 45.0119 crores during the period ended December 31, 2021 as compared to Rs.89.1372 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.0141 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.4.3065 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.08 for the period ended December 31, 2021 as compared to Rs.0.36 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 45.0119 crs ₹89.1372 crs Up Tick / Down Tick-49.50%
Net Profit ₹1.0141 crs ₹4.3065 crs Up Tick / Down Tick-76.45%
EPS ₹0.08 ₹0.36 Up Tick / Down Tick-77.78%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.191.5439 crores during the 9 Months period ended December 31, 2021 as compared to Rs.218.6805 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.4.6891 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.8.7859 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.39 for the 9 Months period ended December 31, 2021 as compared to Rs.0.73 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹191.5439 crs ₹218.6805 crs Up Tick / Down Tick-12.41%
Net Profit ₹4.6891 crs ₹8.7859 crs Up Tick / Down Tick-46.63%
EPS ₹0.39 ₹0.73 Up Tick / Down Tick-46.58%

Shares of Orient Abrasives Limited was last trading in BSE at Rs. 37.55 as compared to the previous close of Rs. 36.30. The total number of shares traded during the day was 350514 in over 2919 trades.

The stock hit an intraday high of Rs. 40.45 and intraday low of 36.60. The net turnover during the day was Rs. 13554916.00.

Source : Equity Bulls

Keywords

OrientAbrasives Q3FY22 9MFY22 ResultUpdate