Sharda Ispat posts Rs. 61.23 lakhs net profit in Q3 FY22

SHARDA ISPAT 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. 32.5489 crores during the period ended December 31, 2021 as compared to Rs. 36.1202 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.6123 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.8792 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.21 for the period ended December 31, 2021 as compared to Rs. 1.73 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 32.5489 crs	₹36.1202 crs	-9.89%
Net Profit	₹0.6123 crs	₹0.8792 crs	-30.36%
EPS	₹1.21	₹1.73	-30.06%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 32.5489 crores during the period ended December 31, 2021 as compared to Rs.23.5836 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.6123 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.3720 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.21 for the period ended December 31, 2021 as compared to Rs.0.73 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 32.5489 crs	₹23.5836 crs	38.01%
Net Profit	₹0.6123 crs	₹0.3720 crs	64.60%
EPS	₹1.21	₹0.73	65.75%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.84.8516 crores during the 9 Months period ended December 31, 2021 as compared to Rs.50.3109 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.6931 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.0028 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.33 for the 9 Months period ended December 31, 2021 as compared to Rs.1.98 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹84.8516 crs	₹50.3109 crs	68.65%
Net Profit	₹1.6931 crs	₹1.0028 crs	68.84%
EPS	₹3.33	₹1.98	68.18%

Shares of SHARDA ISPAT LTD. was last trading in BSE at Rs. 67.00 as compared to the previous close of Rs. 67.00. The total number of shares traded during the day was 395 in over 12 trades.

The stock hit an intraday high of Rs. 67.00 and intraday low of 63.70. The net turnover during the day was Rs. 26292.00.

Source : Equity Bulls

Keywords

ShardaIspat Q3FY22 9MFY22 ResultUpdate