Galaxy Bearings' consolidated profit jumps to Rs. 4.58 crores in Q4FY22

GALAXY 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. 35.2435 crores during the period ended March 31, 2022 as compared to Rs. 27.8745 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 4.5867 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 3.1774 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 14.42 for the period ended March 31, 2022 as compared to Rs. 9.99 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 35.2435 crs	₹27.8745 crs	26.44%
Net Profit	₹4.5867 crs	₹3.1774 crs	44.35%
EPS	₹14.42	₹9.99	44.34%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 35.2435 crores during the period ended March 31, 2022 as compared to Rs.15.8696 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.4.5867 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.2.0194 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.14.42 for the period ended March 31, 2022 as compared to Rs.6.35 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 35.2435 crs	₹15.8696 crs	122.08%
Net Profit	₹4.5867 crs	₹2.0194 crs	127.13%
EPS	₹14.42	₹6.35	127.09%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.105.6986 crores during the Financial Year ended March 31, 2022 as compared to Rs.63.2893 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.13.2856 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.7.8553 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.41.78 for the Financial Year ended March 31, 2022 as compared to Rs.24.70 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹105.6986 crs	₹63.2893 crs	67.01%
Net Profit	₹13.2856 crs	₹7.8553 crs	69.13%
EPS	₹41.78	₹24.70	69.15%

Shares of GALAXY BEARINGS LTD. was last trading in BSE at Rs. 463.90 as compared to the previous close of Rs. 458.30. The total number of shares traded during the day was 725 in over 20 trades.

The stock hit an intraday high of Rs. 465.00 and intraday low of 447.20. The net turnover during the day was Rs. 333728.00.

Source : Equity Bulls

Keywords

GalaxyBearings Q4FY22 FY2022 ResultUpdate