Axel Polymers posts Rs. 20.25 lakhs PAT in Q3FY22

AXEL POLYMERS 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. 12.6711 crores during the period ended December 31, 2021 as compared to Rs. 17.9744 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.2025 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.2006 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.47 for the period ended December 31, 2021 as compared to Rs. 0.24 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 12.6711 crs	₹17.9744 crs	-29.50%
Net Profit	₹0.2025 crs	₹0.2006 crs	0.95%
EPS	₹0.47	₹0.24	95.83%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 12.6711 crores during the period ended December 31, 2021 as compared to Rs.6.8797 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.2025 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.0592 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.47 for the period ended December 31, 2021 as compared to Rs.0.14 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 12.6711 crs	₹6.8797 crs	84.18%
Net Profit	₹0.2025 crs	₹0.0592 crs	242.06%
EPS	₹0.47	₹0.14	235.71%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.48.8729 crores during the 9 Months period ended December 31, 2021 as compared to Rs.14.9980 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.6660 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-0.3438 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.78 for the 9 Months period ended December 31, 2021 as compared to Rs.-0.80 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹48.8729 crs	₹14.9980 crs	225.86%
Net Profit	₹0.6660 crs	₹-0.3438 crs	293.72%
EPS	₹0.78	₹-0.80	197.50%

Shares of AXEL POLYMERS LTD. was last trading in BSE at Rs. 52.50 as compared to the previous close of Rs. 51.50. The total number of shares traded during the day was 7756 in over 23 trades.

The stock hit an intraday high of Rs. 53.00 and intraday low of 50.00. The net turnover during the day was Rs. 402856.00.

Source : Equity Bulls

Keywords

AxelPolymers Q3FY22 9MFY22 ResultUpdate