Nahar Spinning Mills Ltd Q4 FY22 net profit falls QoQ to Rs. 107.23 crores

Nahar Spinning Mills 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. 999.3721 crores during the period ended March 31, 2022 as compared to Rs. 1022.8196 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 107.2349 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 158.0387 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 29.99 for the period ended March 31, 2022 as compared to Rs. 43.82 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 999.3721 crs	₹1022.8196 crs	-2.29%
Net Profit	₹107.2349 crs	₹158.0387 crs	-32.14%
EPS	₹29.99	₹43.82	-31.56%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 999.3721 crores during the period ended March 31, 2022 as compared to Rs.728.3675 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.107.2349 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.63.4139 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.29.99 for the period ended March 31, 2022 as compared to Rs.17.43 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 999.3721 crs	₹728.3675 crs	37.21%
Net Profit	₹107.2349 crs	₹63.4139 crs	69.10%
EPS	₹29.99	₹17.43	72.06%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.3608.3734 crores during the Financial Year ended March 31, 2022 as compared to Rs.2118.8324 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.502.1877 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.41.4149 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.139.50 for the Financial Year ended March 31, 2022 as compared to Rs.11.33 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹3608.3734 crs	₹2118.8324 crs	70.30%
Net Profit	₹502.1877 crs	₹41.4149 crs	1,112.58%
EPS	₹139.50	₹11.33	1,131.24%

Shares of Nahar Spinning Mills Limited was last trading in BSE at Rs. 395.75 as compared to the previous close of Rs. 416.55. The total number of shares traded during the day was 3427 in over 115 trades.

The stock hit an intraday high of Rs. 417.00 and intraday low of 395.75. The net turnover during the day was Rs. 1371876.00.

Source : Equity Bulls

Keywords

NaharSpinningMills Q4FY22 FY2022 ResultUpdate