Bharat Wire Ropes Q3 FY2022 profit jumps to Rs. 3.06 crore

Bharat Wire Ropes 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. 103.7141 crores during the period ended December 31, 2021 as compared to Rs. 94.4319 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 3.0668 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 1.0650 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. 0.17 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹103.7141 crs	₹94.4319 crs	9.83%
Net Profit	₹3.0668 crs	₹1.0650 crs	187.96%
EPS	₹0.49	₹0.17	188.24%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.103.7141 crores during the period ended December 31, 2021 as compared to Rs.64.1992 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.3.0668 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-13.6363 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.-3.03 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹103.7141 crs	₹64.1992 crs	61.55%
Net Profit	₹3.0668 crs	₹-13.6363 crs	122.49%
EPS	₹0.49	₹-3.03	116.17%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.276.4917 crores during the 9 Months period ended December 31, 2021 as compared to Rs.181.6089 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.9244 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-45.1797 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.94 for the 9 Months period ended December 31, 2021 as compared to Rs.-10.05 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹276.4917 crs	₹181.6089 crs	52.25%
Net Profit	₹5.9244 crs	₹-45.1797 crs	113.11%
EPS	₹0.94	₹-10.05	109.35%

Shares of Bharat Wire Ropes Limited was last trading in BSE at Rs. 77.80 as compared to the previous close of Rs. 80.60. The total number of shares traded during the day was 2153 in over 117 trades.

The stock hit an intraday high of Rs. 82.00 and intraday low of 77.00. The net turnover during the day was Rs. 172143.00.

Source : Equity Bulls

Keywords

BharatWireRopes Q3FY22 9MFY22 ResultUpdate