Modi Naturals Q3FY22 profit at Rs. 2.33 crores

Modi Naturals 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. 104.3486 crores during the period ended December 31, 2021 as compared to Rs. 113.8713 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 2.3316 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 2.9939 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.85 for the period ended December 31, 2021 as compared to Rs. 2.37 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 104.3486 crs	₹113.8713 crs	-8.36%
Net Profit	₹2.3316 crs	₹2.9939 crs	-22.12%
EPS	₹1.85	₹2.37	-21.94%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 104.3486 crores during the period ended December 31, 2021 as compared to Rs.113.0295 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.3316 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.1.6292 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.85 for the period ended December 31, 2021 as compared to Rs.1.30 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 104.3486 crs	₹113.0295 crs	-7.68%
Net Profit	₹2.3316 crs	₹1.6292 crs	43.11%
EPS	₹1.85	₹1.30	42.31%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.331.3051 crores during the 9 Months period ended December 31, 2021 as compared to Rs.307.2453 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.8.9916 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.3.0053 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.7.12 for the 9 Months period ended December 31, 2021 as compared to Rs.2.41 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹331.3051 crs	₹307.2453 crs	7.83%
Net Profit	₹8.9916 crs	₹3.0053 crs	199.19%
EPS	₹7.12	₹2.41	195.44%

Asset Quality:

Asset Quality	Q3 FY2022	Q2 FY2022	Q3 FY2021
Gross NPA	₹ crs	₹ crs	₹ crs
Gross NPA %	%	%	%
Net NPA	₹ crs	₹ crs	₹ crs
Net NPA %	%	%	%

Gross NPA was at ₹ crs in Q3 FY2022 against ₹ crs in Q3 FY2021. The same was at ₹ crs in Q2 FY2022.

Net NPA was at ₹ crs in Q3 FY2022 against ₹ crs in Q3 FY2021. The same was at ₹ crs in Q2 FY2022.

GNPA was at % of Gross advances as on December 31, 2021 as compared to % as on December 31, 2020 and % as of September 30, 2021.

Net NPA was at % of Gross advances as on December 31, 2021 as compared to % as on December 31, 2020 and % as of September 30, 2021.

Ratios	Q3 FY2022	Q2 FY2022	Q3 FY2021
RoA %	%	%	%
CAR (BASEL III) %	%	%	%

Return on Average Assets (RoA) is at % for Q3 FY2022 against % in Q2 FY2022 and % in Q3 FY2021.

In Q3 FY2022, Bank's total Capital Adequacy Ratio (CAR) was at %, as compared to % in Q2 FY2022 and % in Q3 FY2021.

Shares of Modi Naturals Limited was last trading in BSE at Rs. 248.45 as compared to the previous close of Rs. 261.45. The total number of shares traded during the day was 18590 in over 255 trades.

The stock hit an intraday high of Rs. 261.45 and intraday low of 248.40. The net turnover during the day was Rs. 4652583.00.

Source : Equity Bulls

Keywords

ModiNaturals Q3FY22 9MFY22 ResultUpdate