Shalimar Wires Industries Q3FY22 loss reduces to Rs. 1.50 crore

SHALIMAR WIRES INDUSTRIES LTD. 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. 27.6177 crores during the period ended December 31, 2021 as compared to Rs. 24.4195 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -1.5047 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -4.0566 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -0.35 for the period ended December 31, 2021 as compared to Rs. -0.95 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 27.6177 crs	₹24.4195 crs	13.10%
Net Profit	₹-1.5047 crs	₹-4.0566 crs	62.91%
EPS	₹-0.35	₹-0.95	63.16%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 27.6177 crores during the period ended December 31, 2021 as compared to Rs.24.1040 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-1.5047 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-2.7889 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-0.35 for the period ended December 31, 2021 as compared to Rs.-0.65 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 27.6177 crs	₹24.1040 crs	14.58%
Net Profit	₹-1.5047 crs	₹-2.7889 crs	46.05%
EPS	₹-0.35	₹-0.65	46.15%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.74.5233 crores during the 9 Months period ended December 31, 2021 as compared to Rs.61.3959 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-9.7221 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-10.1984 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-2.27 for the 9 Months period ended December 31, 2021 as compared to Rs.-2.39 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹74.5233 crs	₹61.3959 crs	21.38%
Net Profit	₹-9.7221 crs	₹-10.1984 crs	4.67%
EPS	₹-2.27	₹-2.39	5.02%

Shares of SHALIMAR WIRES INDUSTRIES LTD. was last trading in BSE at Rs. 14.83 as compared to the previous close of Rs. 14.13. The total number of shares traded during the day was 35953 in over 230 trades.

The stock hit an intraday high of Rs. 14.83 and intraday low of 13.43. The net turnover during the day was Rs. 520943.00.

Source : Equity Bulls

Keywords

ShalimarWiresIndustries Q3FY22 9MFY22 ResultUpdate