Garg Furnace Ltd Q4 FY22 net profit at Rs. 2.48 crore

GARG FURNACE 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. 48.1352 crores during the period ended March 31, 2022 as compared to Rs. 52.1963 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 2.4827 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 2.6384 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 6.19 for the period ended March 31, 2022 as compared to Rs. 6.58 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 48.1352 crs	₹52.1963 crs	-7.78%
Net Profit	₹2.4827 crs	₹2.6384 crs	-5.90%
EPS	₹6.19	₹6.58	-5.93%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 48.1352 crores during the period ended March 31, 2022 as compared to Rs.45.1075 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.2.4827 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.-5.3687 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.6.19 for the period ended March 31, 2022 as compared to Rs.-13.39 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 48.1352 crs	₹45.1075 crs	6.71%
Net Profit	₹2.4827 crs	₹-5.3687 crs	146.24%
EPS	₹6.19	₹-13.39	146.23%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.179.0175 crores during the Financial Year ended March 31, 2022 as compared to Rs.119.5916 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.6.3227 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.-4.7050 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.15.77 for the Financial Year ended March 31, 2022 as compared to Rs.-11.74 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹179.0175 crs	₹119.5916 crs	49.69%
Net Profit	₹6.3227 crs	₹-4.7050 crs	234.38%
EPS	₹15.77	₹-11.74	234.33%

Shares of GARG FURNACE LTD. was last trading in BSE at Rs. 44.20 as compared to the previous close of Rs. 42.10. The total number of shares traded during the day was 926 in over 7 trades.

The stock hit an intraday high of Rs. 44.20 and intraday low of 44.20. The net turnover during the day was Rs. 40929.00.

Source : Equity Bulls

Keywords

GargFurnace Q4FY22 FY2022 ResultUpdate