Modi Rubber Q3FY22 consolidated profit falls QoQ to Rs. 5.78 crores

Modi Rubber Limited 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. 5.0411 crores during the period ended December 31, 2021 as compared to Rs. 2.5588 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 5.7835 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 9.7747 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 2.31 for the period ended December 31, 2021 as compared to Rs. 3.90 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 5.0411 crs	₹2.5588 crs	97.01%
Net Profit	₹5.7835 crs	₹9.7747 crs	-40.83%
EPS	₹2.31	₹3.90	-40.77%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 5.0411 crores during the period ended December 31, 2021 as compared to Rs.1.9014 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.7835 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.3.8103 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.31 for the period ended December 31, 2021 as compared to Rs.1.52 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 5.0411 crs	₹1.9014 crs	165.13%
Net Profit	₹5.7835 crs	₹3.8103 crs	51.79%
EPS	₹2.31	₹1.52	51.97%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.9.9115 crores during the 9 Months period ended December 31, 2021 as compared to Rs.6.4143 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.22.1088 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-3.5325 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.8.83 for the 9 Months period ended December 31, 2021 as compared to Rs.-1.41 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹9.9115 crs	₹6.4143 crs	54.52%
Net Profit	₹22.1088 crs	₹-3.5325 crs	725.87%
EPS	₹8.83	₹-1.41	726.24%

Shares of Modi Rubber Limited was last trading in BSE at Rs. 72.00 as compared to the previous close of Rs. 73.30. The total number of shares traded during the day was 2498 in over 18 trades.

The stock hit an intraday high of Rs. 74.00 and intraday low of 70.35. The net turnover during the day was Rs. 177310.00.

Source : Equity Bulls

Keywords

ModiRubber Q3FY22 9MFY22 ResultUpdate