Shree Ganesh Elastoplast posts Rs. 31.94 lakhs profit in Q3FY22

SHREE GANESH ELASTOPLAST 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. 7.2620 crores during the period ended December 31, 2021 as compared to Rs. 10.5802 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.3194 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.1382 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.58 for the period ended December 31, 2021 as compared to Rs. 0.25 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 7.2620 crs	₹10.5802 crs	-31.36%
Net Profit	₹0.3194 crs	₹0.1382 crs	131.11%
EPS	₹0.58	₹0.25	132.00%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 7.2620 crores during the period ended December 31, 2021 as compared to Rs.3.5746 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.3194 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.3249 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.58 for the period ended December 31, 2021 as compared to Rs.0.59 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 7.2620 crs	₹3.5746 crs	103.16%
Net Profit	₹0.3194 crs	₹0.3249 crs	-1.69%
EPS	₹0.58	₹0.59	-1.69%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.28.9437 crores during the 9 Months period ended December 31, 2021 as compared to Rs.8.5187 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.1158 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.7577 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.85 for the 9 Months period ended December 31, 2021 as compared to Rs.1.38 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹28.9437 crs	₹8.5187 crs	239.77%
Net Profit	₹2.1158 crs	₹0.7577 crs	179.24%
EPS	₹3.85	₹1.38	178.99%

Shares of SHREE GANESH ELASTOPLAST LTD. was last trading in BSE at Rs. 22.05 as compared to the previous close of Rs. 22.05. The total number of shares traded during the day was 31 in over 8 trades.

The stock hit an intraday high of Rs. 22.05 and intraday low of 22.05. The net turnover during the day was Rs. 683.00.

Source : Equity Bulls

Keywords

ShreeGaneshElastoplast Q3FY22 9MFY22 ResultUpdate