Stock Report

Majesco Ltd Q2FY21 consolidated net profit zooms on sale of business



Posted On : 2020-10-07 21:56:13( TIMEZONE : IST )

Majesco Ltd Q2FY21 consolidated net profit zooms on sale of business

Majesco Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.5.81 crores during the period ended September 30, 2020 as compared to Rs.3.62 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.2376.54 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.11.44 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.612.25 for the period ended September 30, 2020 as compared to Rs.2.99 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 5.81 crs₹ 3.62 crsUp Tick 60.5%
Net Profit₹ 2376.54 crs₹ 11.44 crsUp Tick 20673.95%
EPS₹ 612.25₹ 2.99Up Tick 20376.59%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.5.81 crores during the period ended September 30, 2020 as compared to Rs.5.48 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.2376.54 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.16.79 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.612.25 for the period ended September 30, 2020 as compared to Rs.4.69 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 5.81 crs₹ 5.48 crsUp Tick 6.02%
Net Profit₹ 2376.54 crs₹ 16.79 crsUp Tick 14054.5%
EPS₹ 612.25₹ 4.69Up Tick 12954.37%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.9.43 crores during the 6 months period ended September 30, 2020 as compared to Rs.10.37 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.2387.98 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.28.81 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.597.32 for the 6 months period ended September 30, 2020 as compared to Rs.7.56 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 9.43 crs₹ 10.37 crsDown Tick -9.06%
Net Profit₹ 2387.98 crs₹ 28.81 crsUp Tick 8188.72%
EPS₹ 597.32₹7.56Up Tick 7801.06%

Shares of Majesco Ltd was last trading in BSE at Rs.847.15 as compared to the previous close of Rs. 858.95. The total number of shares traded during the day was 21991 in over 1140 trades.

The stock hit an intraday high of Rs. 884.85 and intraday low of 841.6. The net turnover during the day was Rs. 19074749.

Source : Equity Bulls

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