Stock Report

Salem Erode Investments Ltd Q3 FY2021-22 net profit at Rs. 19.21 lakhs



Posted On : 2022-02-17 12:06:28( TIMEZONE : IST )

Salem Erode Investments Ltd Q3 FY2021-22 net profit at Rs. 19.21 lakhs

Salem Erode Investments 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. 0.6295 crores during the period ended December 31, 2021 as compared to Rs. 0.7512 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.1921 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.3154 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.17 for the period ended December 31, 2021 as compared to Rs. 0.28 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 0.6295 crs ₹0.7512 crs Up Tick / Down Tick-16.20%
Net Profit ₹0.1921 crs ₹0.3154 crs Up Tick / Down Tick-39.09%
EPS ₹0.17 ₹0.28 Up Tick / Down Tick-39.29%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.6295 crores during the period ended December 31, 2021 as compared to Rs.0.7016 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.1921 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-0.4291 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.17 for the period ended December 31, 2021 as compared to Rs.0.37 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 0.6295 crs ₹0.7016 crs Up Tick / Down Tick-10.28%
Net Profit ₹0.1921 crs ₹-0.4291 crs Up Tick / Down Tick144.77%
EPS ₹0.17 ₹0.37 Up Tick / Down Tick-54.05%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2.1012 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1.9090 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.7998 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.0862 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.70 for the 9 Months period ended December 31, 2021 as compared to Rs.0.95 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹2.1012 crs ₹1.9090 crs Up Tick / Down Tick10.07%
Net Profit ₹0.7998 crs ₹1.0862 crs Up Tick / Down Tick-26.37%
EPS ₹0.70 ₹0.95 Up Tick / Down Tick-26.32%

Shares of Salem Erode Investments Ltd was last trading in BSE at Rs. 40.05 as compared to the previous close of Rs. 38.15. The total number of shares traded during the day was 1505 in over 2 trades.

The stock hit an intraday high of Rs. 40.05 and intraday low of 40.05. The net turnover during the day was Rs. 60275.00.

Source : Equity Bulls

Keywords

SalemErodeInvestments Q3FY22 9MFY22 ResultUpdate