Pitti Engineering Q3FY22 consolidated net profit at Rs. 11.51 crores

Pitti Engineering 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. 265.4574 crores during the period ended December 31, 2021 as compared to Rs. 242.5029 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 11.5163 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 12.9466 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 3.59 for the period ended December 31, 2021 as compared to Rs. 4.04 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹265.4574 crs	₹242.5029 crs	9.47%
Net Profit	₹11.5163 crs	₹12.9466 crs	-11.05%
EPS	₹3.59	₹4.04	-11.14%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.265.4574 crores during the period ended December 31, 2021 as compared to Rs.151.6905 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.11.5163 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.7.2456 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.59 for the period ended December 31, 2021 as compared to Rs.2.26 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹265.4574 crs	₹151.6905 crs	75.00%
Net Profit	₹11.5163 crs	₹7.2456 crs	58.94%
EPS	₹3.59	₹2.26	58.85%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.683.7918 crores during the 9 Months period ended December 31, 2021 as compared to Rs.349.1478 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.31.8591 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.7.5573 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.9.94 for the 9 Months period ended December 31, 2021 as compared to Rs.2.36 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹683.7918 crs	₹349.1478 crs	95.85%
Net Profit	₹31.8591 crs	₹7.5573 crs	321.57%
EPS	₹9.94	₹2.36	321.19%

Shares of Pitti Engineering Limited was last trading in BSE at Rs. 275.30 as compared to the previous close of Rs. 276.95. The total number of shares traded during the day was 20356 in over 692 trades.

The stock hit an intraday high of Rs. 280.35 and intraday low of 269.20. The net turnover during the day was Rs. 5541703.00.

Source : Equity Bulls

Keywords

PittiEngineering Q3FY22 9MFY22 ResultUpdate