Damodar Industries Q3FY22 net profit jumps to Rs. 6.66 crores

Damodar Industries 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. 245.6558 crores during the period ended December 31, 2021 as compared to Rs. 209.2236 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 6.6676 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 3.1920 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 2.86 for the period ended December 31, 2021 as compared to Rs. 1.37 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 245.6558 crs	₹209.2236 crs	17.41%
Net Profit	₹6.6676 crs	₹3.1920 crs	108.88%
EPS	₹2.86	₹1.37	108.76%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 245.6558 crores during the period ended December 31, 2021 as compared to Rs.166.6548 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.6.6676 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.5904 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.86 for the period ended December 31, 2021 as compared to Rs.0.25 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 245.6558 crs	₹166.6548 crs	47.40%
Net Profit	₹6.6676 crs	₹0.5904 crs	1,029.34%
EPS	₹2.86	₹0.25	1,044.00%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.657.5922 crores during the 9 Months period ended December 31, 2021 as compared to Rs.354.1142 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.12.3628 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-14.3865 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.5.31 for the 9 Months period ended December 31, 2021 as compared to Rs.-6.17 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹657.5922 crs	₹354.1142 crs	85.70%
Net Profit	₹12.3628 crs	₹-14.3865 crs	185.93%
EPS	₹5.31	₹-6.17	186.06%

Shares of Damodar Industries Limited was last trading in BSE at Rs. 70.70 as compared to the previous close of Rs. 73.45. The total number of shares traded during the day was 17753 in over 345 trades.

The stock hit an intraday high of Rs. 74.05 and intraday low of 69.65. The net turnover during the day was Rs. 1268769.00.

Source : Equity Bulls

Keywords

DamodarIndustries Q3FY22 9MFY22 ResultUpdate