Stock Report

Rasi Electrodes Q3FY22 net profit drops to Rs. 51.69 lakhs



Posted On : 2022-02-15 14:37:57( TIMEZONE : IST )

Rasi Electrodes Q3FY22 net profit drops to Rs. 51.69 lakhs

RASI ELECTRODES 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. 18.1305 crores during the period ended December 31, 2021 as compared to Rs. 18.2996 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.5169 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.6831 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.16 for the period ended December 31, 2021 as compared to Rs. 0.22 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 18.1305 crs ₹18.2996 crs Up Tick / Down Tick-0.92%
Net Profit ₹0.5169 crs ₹0.6831 crs Up Tick / Down Tick-24.33%
EPS ₹0.16 ₹0.22 Up Tick / Down Tick-27.27%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 18.1305 crores during the period ended December 31, 2021 as compared to Rs.13.5741 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.5169 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.7311 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.16 for the period ended December 31, 2021 as compared to Rs.0.23 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 18.1305 crs ₹13.5741 crs Up Tick / Down Tick33.57%
Net Profit ₹0.5169 crs ₹0.7311 crs Up Tick / Down Tick-29.30%
EPS ₹0.16 ₹0.23 Up Tick / Down Tick-30.43%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.48.3156 crores during the 9 Months period ended December 31, 2021 as compared to Rs.25.4708 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.6368 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.2456 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.51 for the 9 Months period ended December 31, 2021 as compared to Rs.0.39 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹48.3156 crs ₹25.4708 crs Up Tick / Down Tick89.69%
Net Profit ₹1.6368 crs ₹1.2456 crs Up Tick / Down Tick31.41%
EPS ₹0.51 ₹0.39 Up Tick / Down Tick30.77%

Shares of RASI ELECTRODES LTD. was last trading in BSE at Rs. 8.86 as compared to the previous close of Rs. 9.32. The total number of shares traded during the day was 43703 in over 154 trades.

The stock hit an intraday high of Rs. 9.20 and intraday low of 8.86. The net turnover during the day was Rs. 390701.00.

Source : Equity Bulls

Keywords

RasiElectrodes Q3FY22 9MFY22 ResultUpdate