Stock Report

Ram Ratna Wires Q3FY22 consolidated net profit jumps to Rs. 15.88 crores

Posted On : 2022-02-12 19:04:34( TIMEZONE : IST )

RAM RATNA WIRES 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. 604.5032 crores during the period ended December 31, 2021 as compared to Rs. 589.1236 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 15.8890 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 12.0447 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 7.22 for the period ended December 31, 2021 as compared to Rs. 5.47 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 604.5032 crs	₹589.1236 crs	2.61%
Net Profit	₹15.8890 crs	₹12.0447 crs	31.92%
EPS	₹7.22	₹5.47	31.99%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 604.5032 crores during the period ended December 31, 2021 as compared to Rs.437.0603 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.15.8890 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.6.5827 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.7.22 for the period ended December 31, 2021 as compared to Rs.2.99 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 604.5032 crs	₹437.0603 crs	38.31%
Net Profit	₹15.8890 crs	₹6.5827 crs	141.38%
EPS	₹7.22	₹2.99	141.47%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1656.0386 crores during the 9 Months period ended December 31, 2021 as compared to Rs.979.6260 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.35.6952 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.5.1201 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.16.23 for the 9 Months period ended December 31, 2021 as compared to Rs.2.33 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1656.0386 crs	₹979.6260 crs	69.05%
Net Profit	₹35.6952 crs	₹5.1201 crs	597.16%
EPS	₹16.23	₹2.33	596.57%

Shares of RAM RATNA WIRES LTD. was last trading in BSE at Rs. 197.50 as compared to the previous close of Rs. 203.90. The total number of shares traded during the day was 10312 in over 170 trades.

The stock hit an intraday high of Rs. 204.70 and intraday low of 194.00. The net turnover during the day was Rs. 2047300.00.