TCNS Clothing Company Q3FY22 net profit up at Rs. 25.06 crores

TCNS Clothing Co. 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. 333.214 crores during the period ended December 31, 2021 as compared to Rs. 254.154 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 25.064 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 11.073 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 3.85 for the period ended December 31, 2021 as compared to Rs. 1.70 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 333.214 crs	₹254.154 crs	31.11%
Net Profit	₹25.064 crs	₹11.073 crs	126.35%
EPS	₹3.85	₹1.70	126.47%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 333.214 crores during the period ended December 31, 2021 as compared to Rs.242.820 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.25.064 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.12.660 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.85 for the period ended December 31, 2021 as compared to Rs.2.12 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 333.214 crs	₹242.820 crs	37.23%
Net Profit	₹25.064 crs	₹12.660 crs	97.98%
EPS	₹3.85	₹2.12	81.60%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.684.158 crores during the 9 Months period ended December 31, 2021 as compared to Rs.445.329 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.076 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-60.256 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.01 for the 9 Months period ended December 31, 2021 as compared to Rs.-9.61 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹684.158 crs	₹445.329 crs	53.63%
Net Profit	₹0.076 crs	₹-60.256 crs	100.13%
EPS	₹0.01	₹-9.61	100.10%

Shares of TCNS Clothing Co. Limited was last trading in BSE at Rs. 679.00 as compared to the previous close of Rs. 700.10. The total number of shares traded during the day was 1394 in over 337 trades.

The stock hit an intraday high of Rs. 693.00 and intraday low of 676.35. The net turnover during the day was Rs. 950965.00.

Source : Equity Bulls

Keywords

TCNSClothingCompany Q3FY22 9MFY22 ResultUpdate