Stock Report

Hitech Corporation posts higher PAT of Rs. 11.84 crores in Q3FY22



Posted On : 2022-02-11 08:37:53( TIMEZONE : IST )

Hitech Corporation posts higher PAT of Rs. 11.84 crores in Q3FY22

Hitech Corporation 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. 141.1096 crores during the period ended December 31, 2021 as compared to Rs. 167.1010 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 11.8434 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 9.7128 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 6.90 for the period ended December 31, 2021 as compared to Rs. 5.65 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 141.1096 crs ₹167.1010 crs Up Tick / Down Tick-15.55%
Net Profit ₹11.8434 crs ₹9.7128 crs Up Tick / Down Tick21.94%
EPS ₹6.90 ₹5.65 Up Tick / Down Tick22.12%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 141.1096 crores during the period ended December 31, 2021 as compared to Rs.128.9420 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.11.8434 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.4.5140 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.6.90 for the period ended December 31, 2021 as compared to Rs.2.63 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 141.1096 crs ₹128.9420 crs Up Tick / Down Tick9.44%
Net Profit ₹11.8434 crs ₹4.5140 crs Up Tick / Down Tick162.37%
EPS ₹6.90 ₹2.63 Up Tick / Down Tick162.36%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.439.0226 crores during the 9 Months period ended December 31, 2021 as compared to Rs.310.2624 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.29.0539 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.4.5576 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.16.92 for the 9 Months period ended December 31, 2021 as compared to Rs.2.65 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹439.0226 crs ₹310.2624 crs Up Tick / Down Tick41.50%
Net Profit ₹29.0539 crs ₹4.5576 crs Up Tick / Down Tick537.48%
EPS ₹16.92 ₹2.65 Up Tick / Down Tick538.49%

Shares of Hitech Corporation Limited was last trading in BSE at Rs. 276.30 as compared to the previous close of Rs. 284.60. The total number of shares traded during the day was 1846 in over 121 trades.

The stock hit an intraday high of Rs. 290.00 and intraday low of 271.45. The net turnover during the day was Rs. 526043.00.

Source : Equity Bulls

Keywords

HitechCorporation Q3FY22 9MFY22 ResultUpdate