Stovec Industries Ltd Q1CY22 net profit up QoQ at Rs. 9.68 crores

STOVEC INDUSTRIES LTD. has reported Standalone financial results for the period ended March 31, 2022.

Financial Results (Q1 CY2022) - QoQ Comparison

The company has reported total income of Rs. 67.237 crores during the period ended March 31, 2022 as compared to Rs. 58.633 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 9.684 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 5.919 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 46.38 for the period ended March 31, 2022 as compared to Rs. 28.35 for the period ended December 31, 2021.

Financials	Q1 CY2022	Q4 CY2021	% Change
Total Income	₹ 67.237 crs	₹58.633 crs	14.67%
Net Profit	₹9.684 crs	₹5.919 crs	63.61%
EPS	₹46.38	₹28.35	63.60%

Financial Results (Q1 CY2022) - YoY Comparison

The company has reported total income of Rs. 67.237 crores during the period ended March 31, 2022 as compared to Rs.66.106 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.9.684 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.10.713 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.46.38 for the period ended March 31, 2022 as compared to Rs.51.31 for the period ended March 31, 2021.

Financials	Q1 CY2022	Q1 CY2021	% Change
Total Income	₹ 67.237 crs	₹66.106 crs	1.71%
Net Profit	₹9.684 crs	₹10.713 crs	-9.61%
EPS	₹46.38	₹51.31	-9.61%

Shares of STOVEC INDUSTRIES LTD. was last trading in BSE at Rs. 2667.40 as compared to the previous close of Rs. 2691.80. The total number of shares traded during the day was 934 in over 106 trades.

The stock hit an intraday high of Rs. 2689.80 and intraday low of 2610.05. The net turnover during the day was Rs. 2471677.00.

Source : Equity Bulls

Keywords

StovecIndustries Q1CY22 CY2022 ResultUpdate