Deepak Spinners Ltd posts net profit of Rs. 11.93 crores in Q4 FY22

DEEPAK SPINNERS 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. 138.37 crores during the period ended March 31, 2022 as compared to Rs. 149.98 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 11.93 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 10.60 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 16.59 for the period ended March 31, 2022 as compared to Rs. 14.74 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 138.37 crs	₹149.98 crs	-7.74%
Net Profit	₹11.93 crs	₹10.60 crs	12.55%
EPS	₹16.59	₹14.74	12.55%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 138.37 crores during the period ended March 31, 2022 as compared to Rs.111.89 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.11.93 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.9.34 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.16.59 for the period ended March 31, 2022 as compared to Rs.12.99 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 138.37 crs	₹111.89 crs	23.67%
Net Profit	₹11.93 crs	₹9.34 crs	27.73%
EPS	₹16.59	₹12.99	27.71%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.531.55 crores during the Financial Year ended March 31, 2022 as compared to Rs.398.43 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.39.29 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.15.69 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.54.64 for the Financial Year ended March 31, 2022 as compared to Rs.21.82 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹531.55 crs	₹398.43 crs	33.41%
Net Profit	₹39.29 crs	₹15.69 crs	150.41%
EPS	₹54.64	₹21.82	150.41%

Shares of DEEPAK SPINNERS LTD. was last trading in BSE at Rs. 265.80 as compared to the previous close of Rs. 268.25. The total number of shares traded during the day was 14198 in over 263 trades.

The stock hit an intraday high of Rs. 277.00 and intraday low of 260.00. The net turnover during the day was Rs. 3856936.00.

Source : Equity Bulls

Keywords

DeepakSpinners Q4FY22 FY2022 ResultUpdate