Bihar Sponge Iron Ltd Q4 FY2021-22 profit higher at Rs. 2.69 crore

BIHAR SPONGE IRON 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. 65.3140 crores during the period ended March 31, 2022 as compared to Rs. 6.4202 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 2.6939 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 0.5034 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 0.30 for the period ended March 31, 2022 as compared to Rs. 0.06 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹65.3140 crs	₹6.4202 crs	917.32%
Net Profit	₹2.6939 crs	₹0.5034 crs	435.14%
EPS	₹0.30	₹0.06	400.00%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs.65.3140 crores during the period ended March 31, 2022 as compared to Rs.8.6920 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.2.6939 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.1.9453 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.30 for the period ended March 31, 2022 as compared to Rs.0.22 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹65.3140 crs	₹8.6920 crs	651.43%
Net Profit	₹2.6939 crs	₹1.9453 crs	38.48%
EPS	₹0.30	₹0.22	36.36%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.94.5802 crores during the Financial Year ended March 31, 2022 as compared to Rs.24.2965 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.8.2669 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.3.9614 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.0.92 for the Financial Year ended March 31, 2022 as compared to Rs.0.44 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹94.5802 crs	₹24.2965 crs	289.27%
Net Profit	₹8.2669 crs	₹3.9614 crs	108.69%
EPS	₹0.92	₹0.44	109.09%

Shares of BIHAR SPONGE IRON LTD. was last trading in BSE at Rs. 8.69 as compared to the previous close of Rs. 8.95. The total number of shares traded during the day was 13366 in over 97 trades.

The stock hit an intraday high of Rs. 9.10 and intraday low of 8.51. The net turnover during the day was Rs. 114750.00.

Source : Equity Bulls

Keywords

BiharSpongeIron Q4FY22 FY2022 ResultUpdate