Acknit Industries Ltd Q4 FY2022 PAT down QoQ to Rs. 2.35 crore

ACKNIT INDUSTRIES 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. 64.7869 crores during the period ended March 31, 2022 as compared to Rs. 58.5483 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 2.3559 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 2.5635 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 7.75 for the period ended March 31, 2022 as compared to Rs. 8.43 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 64.7869 crs	₹58.5483 crs	10.66%
Net Profit	₹2.3559 crs	₹2.5635 crs	-8.10%
EPS	₹7.75	₹8.43	-8.07%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 64.7869 crores during the period ended March 31, 2022 as compared to Rs.53.4433 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.2.3559 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.1.5976 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.7.75 for the period ended March 31, 2022 as compared to Rs.5.26 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 64.7869 crs	₹53.4433 crs	21.23%
Net Profit	₹2.3559 crs	₹1.5976 crs	47.46%
EPS	₹7.75	₹5.26	47.34%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.218.5453 crores during the Financial Year ended March 31, 2022 as compared to Rs.173.9149 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.7.9381 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.5.8459 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.26.11 for the Financial Year ended March 31, 2022 as compared to Rs.19.23 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹218.5453 crs	₹173.9149 crs	25.66%
Net Profit	₹7.9381 crs	₹5.8459 crs	35.79%
EPS	₹26.11	₹19.23	35.78%

Shares of ACKNIT INDUSTRIES LTD. was last trading in BSE at Rs. 151.70 as compared to the previous close of Rs. 152.00. The total number of shares traded during the day was 1003 in over 44 trades.

The stock hit an intraday high of Rs. 155.00 and intraday low of 135.60. The net turnover during the day was Rs. 147873.00.

Source : Equity Bulls

Keywords

AcknitIndustries Q4FY22 FY2022 ResultUpdate