Nitin Castings Ltd Q4 FY2022 PAT at Rs. 1.65 crore

Nitin Castings 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. 28.3541 crores during the period ended March 31, 2022 as compared to Rs. 27.6360 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 1.6549 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 1.0778 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 3.279 for the period ended March 31, 2022 as compared to Rs. 2.096 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹28.3541 crs	₹27.6360 crs	2.60%
Net Profit	₹1.6549 crs	₹1.0778 crs	53.54%
EPS	₹3.279	₹2.096	56.44%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs.28.3541 crores during the period ended March 31, 2022 as compared to Rs.21.7914 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.1.6549 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.1.3419 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.3.279 for the period ended March 31, 2022 as compared to Rs.2.783 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹28.3541 crs	₹21.7914 crs	30.12%
Net Profit	₹1.6549 crs	₹1.3419 crs	23.33%
EPS	₹3.279	₹2.783	17.82%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.98.6630 crores during the Financial Year ended March 31, 2022 as compared to Rs.63.4657 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.5.16 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.3.2575 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.10.097 for the Financial Year ended March 31, 2022 as compared to Rs.6.508 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹98.6630 crs	₹63.4657 crs	55.46%
Net Profit	₹5.16 crs	₹3.2575 crs	58.40%
EPS	₹10.097	₹6.508	55.15%

Shares of Nitin Castings Ltd was last trading in BSE at Rs. 152.70 as compared to the previous close of Rs. 144.35. The total number of shares traded during the day was 310 in over 19 trades.

The stock hit an intraday high of Rs. 157.90 and intraday low of 128.45. The net turnover during the day was Rs. 45877.00.

Source : Equity Bulls

Keywords

NitinCastings Q4FY22 FY2022 ResultUpdate