Suryaamba Spinning Mills Q3FY22 profit rises to Rs. 3.64 crores

SURYAAMBA SPINNING MILLS 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. 58.0166 crores during the period ended December 31, 2021 as compared to Rs. 51.4629 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 3.6431 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 3.0954 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 12.43 for the period ended December 31, 2021 as compared to Rs. 10.56 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 58.0166 crs	₹51.4629 crs	12.73%
Net Profit	₹3.6431 crs	₹3.0954 crs	17.69%
EPS	₹12.43	₹10.56	17.71%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 58.0166 crores during the period ended December 31, 2021 as compared to Rs.39.7756 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.3.6431 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.2.4458 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.12.43 for the period ended December 31, 2021 as compared to Rs.8.34 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 58.0166 crs	₹39.7756 crs	45.86%
Net Profit	₹3.6431 crs	₹2.4458 crs	48.95%
EPS	₹12.43	₹8.34	49.04%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.157.3381 crores during the 9 Months period ended December 31, 2021 as compared to Rs.77.0972 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.9.3488 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.1329 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.31.89 for the 9 Months period ended December 31, 2021 as compared to Rs.3.86 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹157.3381 crs	₹77.0972 crs	104.08%
Net Profit	₹9.3488 crs	₹1.1329 crs	725.21%
EPS	₹31.89	₹3.86	726.17%

Shares of SURYAAMBA SPINNING MILLS LTD. was last trading in BSE at Rs. 220.25 as compared to the previous close of Rs. 219.65. The total number of shares traded during the day was 1614 in over 78 trades.

The stock hit an intraday high of Rs. 226.40 and intraday low of 213.70. The net turnover during the day was Rs. 351577.00.

Source : Equity Bulls

Keywords

SuryaambaSpinningMills Q3FY22 9MFY22 ResultUpdate