Gallantt Metal consolidated Q3FY22 profit up QoQ at Rs. 21.92 crores

Gallantt Metal 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. 458.1050 crores during the period ended December 31, 2021 as compared to Rs. 395.6499 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 21.9298 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 6.8658 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 2.70 for the period ended December 31, 2021 as compared to Rs. 0.84 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 458.1050 crs	₹395.6499 crs	15.79%
Net Profit	₹21.9298 crs	₹6.8658 crs	219.41%
EPS	₹2.70	₹0.84	221.43%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 458.1050 crores during the period ended December 31, 2021 as compared to Rs.308.0264 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.21.9298 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.32.4454 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.70 for the period ended December 31, 2021 as compared to Rs.3.99 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 458.1050 crs	₹308.0264 crs	48.72%
Net Profit	₹21.9298 crs	₹32.4454 crs	-32.41%
EPS	₹2.70	₹3.99	-32.33%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1200.8424 crores during the 9 Months period ended December 31, 2021 as compared to Rs.653.9791 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.55.3940 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.43.4638 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.6.81 for the 9 Months period ended December 31, 2021 as compared to Rs.5.34 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1200.8424 crs	₹653.9791 crs	83.62%
Net Profit	₹55.3940 crs	₹43.4638 crs	27.45%
EPS	₹6.81	₹5.34	27.53%

Shares of Gallantt Metal Limited was last trading in BSE at Rs. 65.35 as compared to the previous close of Rs. 67.30. The total number of shares traded during the day was 10582 in over 295 trades.

The stock hit an intraday high of Rs. 67.55 and intraday low of 65.20. The net turnover during the day was Rs. 697198.00.

Source : Equity Bulls

Keywords

GallanttMetal Q3FY22 9MFY22 ResultUpdate