Stock Report

Southern Magnesium and Chemicals Q3FY22 profit rises to Rs. 64.66 lakhs

Posted On : 2022-02-15 20:13:32( TIMEZONE : IST )

SOUTHERN MAGNESIUM & CHEMICALS 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. 1.4109 crores during the period ended December 31, 2021 as compared to Rs. 0.1258 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.6466 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -0.1908 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 2.16 for the period ended December 31, 2021 as compared to Rs. -0.64 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 1.4109 crs	₹0.1258 crs	1,021.54%
Net Profit	₹0.6466 crs	₹-0.1908 crs	438.89%
EPS	₹2.16	₹-0.64	437.50%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 1.4109 crores during the period ended December 31, 2021 as compared to Rs.0.3480 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.6466 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-0.1508 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.16 for the period ended December 31, 2021 as compared to Rs.-0.50 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 1.4109 crs	₹0.3480 crs	305.43%
Net Profit	₹0.6466 crs	₹-0.1508 crs	528.78%
EPS	₹2.16	₹-0.50	532.00%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2.2074 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1.2623 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.6107 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-0.2181 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.2.04 for the 9 Months period ended December 31, 2021 as compared to Rs.-0.73 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹2.2074 crs	₹1.2623 crs	74.87%
Net Profit	₹0.6107 crs	₹-0.2181 crs	380.01%
EPS	₹2.04	₹-0.73	379.45%

Shares of SOUTHERN MAGNESIUM & CHEMICALS LTD. was last trading in BSE at Rs. 20.55 as compared to the previous close of Rs. 20.55. The total number of shares traded during the day was 201 in over 4 trades.

The stock hit an intraday high of Rs. 20.55 and intraday low of 20.55. The net turnover during the day was Rs. 4130.00.