Kranti Industries Q3FY22 consolidated net profit at Rs. 52.09 lakhs

Kranti Industries Ltd 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. 26.0811 crores during the period ended December 31, 2021 as compared to Rs. 25.4065 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.5209 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.8069 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.49 for the period ended December 31, 2021 as compared to Rs. 0.76 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 26.0811 crs	₹25.4065 crs	2.66%
Net Profit	₹0.5209 crs	₹0.8069 crs	-35.44%
EPS	₹0.49	₹0.76	-35.53%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 26.0811 crores during the period ended December 31, 2021 as compared to Rs.18.9969 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.5209 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.3261 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.49 for the period ended December 31, 2021 as compared to Rs.0.31 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 26.0811 crs	₹18.9969 crs	37.29%
Net Profit	₹0.5209 crs	₹0.3261 crs	59.74%
EPS	₹0.49	₹0.31	58.06%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.70.9711 crores during the 9 Months period ended December 31, 2021 as compared to Rs.34.6736 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.0026 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-2.3034 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.1.90 for the 9 Months period ended December 31, 2021 as compared to Rs.-2.18 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹70.9711 crs	₹34.6736 crs	104.68%
Net Profit	₹2.0026 crs	₹-2.3034 crs	186.94%
EPS	₹1.90	₹-2.18	187.16%

Shares of Kranti Industries Ltd was last trading in BSE at Rs. 39.60 as compared to the previous close of Rs. 39.50. The total number of shares traded during the day was 18767 in over 69 trades.

The stock hit an intraday high of Rs. 40.50 and intraday low of 38.55. The net turnover during the day was Rs. 748958.00.

Source : Equity Bulls

Keywords

KrantiIndustries Q3FY22 9MFY22 ResultUpdate