Gagan Gases Q3FY22 net profit climbs to Rs. 12.47 lakhs

GAGAN GASES 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. 0.79 crores during the period ended December 31, 2021 as compared to Rs. 0.8121 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.1247 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.0643 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.28 for the period ended December 31, 2021 as compared to Rs. 0.14 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 0.79 crs	₹0.8121 crs	-2.72%
Net Profit	₹0.1247 crs	₹0.0643 crs	93.93%
EPS	₹0.28	₹0.14	100.00%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.79 crores during the period ended December 31, 2021 as compared to Rs.0.6291 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.1247 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.0965 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.28 for the period ended December 31, 2021 as compared to Rs.0.21 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 0.79 crs	₹0.6291 crs	25.58%
Net Profit	₹0.1247 crs	₹0.0965 crs	29.22%
EPS	₹0.28	₹0.21	33.33%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2.1318 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1.3222 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.2063 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.1046 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.46 for the 9 Months period ended December 31, 2021 as compared to Rs.0.23 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹2.1318 crs	₹1.3222 crs	61.23%
Net Profit	₹0.2063 crs	₹0.1046 crs	97.23%
EPS	₹0.46	₹0.23	100.00%

Shares of GAGAN GASES LTD. was last trading in BSE at Rs. 9.46 as compared to the previous close of Rs. 9.06. The total number of shares traded during the day was 1122 in over 12 trades.

The stock hit an intraday high of Rs. 9.50 and intraday low of 8.61. The net turnover during the day was Rs. 10116.00.

Source : Equity Bulls

Keywords

GaganGases Q3FY22 9MFY22 ResultUpdate