Polymechplast Machines posts consolidated PAT of Rs. 1.07 crore in Q3FY22

POLYMECHPLAST MACHINES 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. 22.7021 crores during the period ended December 31, 2021 as compared to Rs. 21.2860 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 1.0799 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 1.1406 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.91 for the period ended December 31, 2021 as compared to Rs. 2.39 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 22.7021 crs	₹21.2860 crs	6.65%
Net Profit	₹1.0799 crs	₹1.1406 crs	-5.32%
EPS	₹1.91	₹2.39	-20.08%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 22.7021 crores during the period ended December 31, 2021 as compared to Rs.17.3137 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.0799 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.8067 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.91 for the period ended December 31, 2021 as compared to Rs.1.69 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 22.7021 crs	₹17.3137 crs	31.12%
Net Profit	₹1.0799 crs	₹0.8067 crs	33.87%
EPS	₹1.91	₹1.69	13.02%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.57.1861 crores during the 9 Months period ended December 31, 2021 as compared to Rs.38.8773 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.6245 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.7693 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.5.14 for the 9 Months period ended December 31, 2021 as compared to Rs.3.70 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹57.1861 crs	₹38.8773 crs	47.09%
Net Profit	₹2.6245 crs	₹1.7693 crs	48.34%
EPS	₹5.14	₹3.70	38.92%

Shares of POLYMECHPLAST MACHINES LTD. was last trading in BSE at Rs. 83.60 as compared to the previous close of Rs. 85.50. The total number of shares traded during the day was 5686 in over 76 trades.

The stock hit an intraday high of Rs. 88.05 and intraday low of 82.60. The net turnover during the day was Rs. 480136.00.

Source : Equity Bulls

Keywords

PolymechplastMachines Q3FY22 9MFY22 ResultUpdate