Deccan Bearings posts loss in Q4FY22

DECCAN BEARINGS LTD. has reported Standalone financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 0.0270 crores during the period ended March 31, 2022 as compared to Rs. 0.0051 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. -0.2713 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. -0.0432 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. -1.24 for the period ended March 31, 2022 as compared to Rs. -0.20 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 0.0270 crs	₹0.0051 crs	429.41%
Net Profit	₹-0.2713 crs	₹-0.0432 crs	528.01%
EPS	₹-1.24	₹-0.20	520.00%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.0270 crores during the period ended March 31, 2022 as compared to Rs.0.1351 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.-0.2713 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.-0.0835 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.-1.24 for the period ended March 31, 2022 as compared to Rs.-0.38 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 0.0270 crs	₹0.1351 crs	-80.01%
Net Profit	₹-0.2713 crs	₹-0.0835 crs	224.91%
EPS	₹-1.24	₹-0.38	226.32%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.0.0816 crores during the Financial Year ended March 31, 2022 as compared to Rs.1.0629 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.-0.4123 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.-0.2695 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.-1.89 for the Financial Year ended March 31, 2022 as compared to Rs.-1.23 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹0.0816 crs	₹1.0629 crs	-92.32%
Net Profit	₹-0.4123 crs	₹-0.2695 crs	52.99%
EPS	₹-1.89	₹-1.23	53.66%

Shares of DECCAN BEARINGS LTD. was last trading in BSE at Rs. 24.05 as compared to the previous close of Rs. 22.95. The total number of shares traded during the day was 75 in over 3 trades.

The stock hit an intraday high of Rs. 24.05 and intraday low of 24.05. The net turnover during the day was Rs. 1803.00.

Source : Equity Bulls

Keywords

DeccanBearings Q4FY22 FY2022 ResultUpdate