MTAR Technologies Q3FY22 consolidated profit slips QoQ to Rs. 13.30 crores

Mtar Technologies Limited 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. 79.241 crores during the period ended December 31, 2021 as compared to Rs. 93.871 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 13.309 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 19.054 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 4.32 for the period ended December 31, 2021 as compared to Rs. 6.20 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 79.241 crs	₹93.871 crs	-15.59%
Net Profit	₹13.309 crs	₹19.054 crs	-30.15%
EPS	₹4.32	₹6.20	-30.32%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 79.241 crores during the period ended December 31, 2021 as compared to Rs.55.383 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.13.309 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.8.851 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.4.32 for the period ended December 31, 2021 as compared to Rs.3.31 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 79.241 crs	₹55.383 crs	43.08%
Net Profit	₹13.309 crs	₹8.851 crs	50.37%
EPS	₹4.32	₹3.31	30.51%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.229.738 crores during the 9 Months period ended December 31, 2021 as compared to Rs.177.991 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.41.071 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.28.057 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.13.35 for the 9 Months period ended December 31, 2021 as compared to Rs.10.49 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹229.738 crs	₹177.991 crs	29.07%
Net Profit	₹41.071 crs	₹28.057 crs	46.38%
EPS	₹13.35	₹10.49	27.26%

Shares of Mtar Technologies Limited was last trading in BSE at Rs. 2065.55 as compared to the previous close of Rs. 2076.85. The total number of shares traded during the day was 4886 in over 1110 trades.

The stock hit an intraday high of Rs. 2111.15 and intraday low of 2050.00. The net turnover during the day was Rs. 10154753.00.

Source : Equity Bulls

Keywords

MTARTechnologies Q3FY22 9MFY22 ResultUpdate