Waaree Renewable Technologies Ltd Q4FY22 consolidated profit climbs to Rs. 6.76 crores

Sangam Renewables Ltd has reported Consolidated financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 77.0348 crores during the period ended March 31, 2022 as compared to Rs. 45.5773 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 6.7643 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 0.2472 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 3.25 for the period ended March 31, 2022 as compared to Rs. 0.12 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 77.0348 crs	₹45.5773 crs	69.02%
Net Profit	₹6.7643 crs	₹0.2472 crs	2,636.37%
EPS	₹3.25	₹0.12	2,608.33%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 77.0348 crores during the period ended March 31, 2022 as compared to Rs.8.9709 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.6.7643 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.-1.0166 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.3.25 for the period ended March 31, 2022 as compared to Rs.-0.49 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 77.0348 crs	₹8.9709 crs	758.72%
Net Profit	₹6.7643 crs	₹-1.0166 crs	765.38%
EPS	₹3.25	₹-0.49	763.27%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.169.8183 crores during the Financial Year ended March 31, 2022 as compared to Rs.15.4193 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.8.6041 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.-3.7498 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.4.13 for the Financial Year ended March 31, 2022 as compared to Rs.-1.80 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹169.8183 crs	₹15.4193 crs	1,001.34%
Net Profit	₹8.6041 crs	₹-3.7498 crs	329.45%
EPS	₹4.13	₹-1.80	329.44%

Shares of Sangam Renewables Ltd was last trading in BSE at Rs. 318.55 as compared to the previous close of Rs. 329.05. The total number of shares traded during the day was 20626 in over 322 trades.

The stock hit an intraday high of Rs. 332.40 and intraday low of 313.20. The net turnover during the day was Rs. 6630864.00.

Source : Equity Bulls

Keywords

WaareeRenewableTechnologies Q4FY22 FY2022 ResultUpdate