Rene Engine Valve Ltd posts net loss of Rs. 0.01 crore in Q4FY22

Rane Engine Valve Limited 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. 109.49 crores during the period ended March 31, 2022 as compared to Rs. 99.08 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. -0.01 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. -2.97 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. -0.02 for the period ended March 31, 2022 as compared to Rs. -4.42 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 109.49 crs	₹99.08 crs	10.51%
Net Profit	₹-0.01 crs	₹-2.97 crs	99.66%
EPS	₹-0.02	₹-4.42	99.55%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 109.49 crores during the period ended March 31, 2022 as compared to Rs.98.48 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.-0.01 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.-0.49 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.-0.02 for the period ended March 31, 2022 as compared to Rs.-0.72 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 109.49 crs	₹98.48 crs	11.18%
Net Profit	₹-0.01 crs	₹-0.49 crs	97.96%
EPS	₹-0.02	₹-0.72	97.22%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.384.95 crores during the Financial Year ended March 31, 2022 as compared to Rs.304.94 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.-11.86 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.-6.09 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.-17.65 for the Financial Year ended March 31, 2022 as compared to Rs.-9.06 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹384.95 crs	₹304.94 crs	26.24%
Net Profit	₹-11.86 crs	₹-6.09 crs	94.75%
EPS	₹-17.65	₹-9.06	94.81%

Shares of Rane Engine Valve Limited was last trading in BSE at Rs. 206.85 as compared to the previous close of Rs. 212.40. The total number of shares traded during the day was 1482 in over 77 trades.

The stock hit an intraday high of Rs. 217.70 and intraday low of 203.50. The net turnover during the day was Rs. 314393.00.

Source : Equity Bulls

Keywords

RaneEngineValve Q4FY22 FY2022 ResultUpdate