Nandan Denim posts Rs. 19.72 crores profit in Q3 FY2022

Nandan Denim 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. 587.0576 crores during the period ended December 31, 2021 as compared to Rs. 517.2835 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 19.7212 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 22.2446 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 4.10 for the period ended December 31, 2021 as compared to Rs. 4.63 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 587.0576 crs	₹517.2835 crs	13.49%
Net Profit	₹19.7212 crs	₹22.2446 crs	-11.34%
EPS	₹4.10	₹4.63	-11.45%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 587.0576 crores during the period ended December 31, 2021 as compared to Rs.317.9570 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.19.7212 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.3.0448 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.4.10 for the period ended December 31, 2021 as compared to Rs.0.63 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 587.0576 crs	₹317.9570 crs	84.63%
Net Profit	₹19.7212 crs	₹3.0448 crs	547.70%
EPS	₹4.10	₹0.63	550.79%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1466.4878 crores during the 9 Months period ended December 31, 2021 as compared to Rs.739.7459 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.52.3845 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-33.9746 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.10.90 for the 9 Months period ended December 31, 2021 as compared to Rs.-7.07 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1466.4878 crs	₹739.7459 crs	98.24%
Net Profit	₹52.3845 crs	₹-33.9746 crs	254.19%
EPS	₹10.90	₹-7.07	254.17%

Shares of Nandan Denim Limited was last trading in BSE at Rs. 146.80 as compared to the previous close of Rs. 145.65. The total number of shares traded during the day was 36418 in over 569 trades.

The stock hit an intraday high of Rs. 151.55 and intraday low of 140.00. The net turnover during the day was Rs. 5339623.00.

Source : Equity Bulls

Keywords

NandanDenim Q3FY22 9MFY22 ResultUpdate