Stock Report

Eimco Elecon India Ltd Q2 consolidated net profit slides to Rs. 2.76 crore



Posted On : 2020-10-30 14:54:35( TIMEZONE : IST )

Eimco Elecon India Ltd Q2 consolidated net profit slides to Rs. 2.76 crore

EIMCO ELECON (INDIA) 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.35.98 crores during the period ended September 30, 2020 as compared to Rs.26.87 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.2.76 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.5.08 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.4.79 for the period ended September 30, 2020 as compared to Rs.8.81 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 35.98 crs₹ 26.87 crsUp Tick 33.9%
Net Profit₹ 2.76 crs₹ 5.08 crsDown Tick -45.67%
EPS₹ 4.79₹ 8.81Down Tick -45.63%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.35.98 crores during the period ended September 30, 2020 as compared to Rs.24.57 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.2.76 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.4.46 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.4.79 for the period ended September 30, 2020 as compared to Rs.7.71 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 35.98 crs₹ 24.57 crsUp Tick 46.44%
Net Profit₹ 2.76 crs₹ 4.46 crsDown Tick -38.12%
EPS₹ 4.79₹ 7.71Down Tick -37.87%

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

The company has reported total income of Rs.62.85 crores during the 6 months period ended September 30, 2020 as compared to Rs.44.42 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.7.84 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.5.44 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.13.60 for the 6 months period ended September 30, 2020 as compared to Rs.9.44 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 62.85 crs₹ 44.42 crsUp Tick 41.49%
Net Profit₹ 7.84 crs₹ 5.44 crsUp Tick 44.12%
EPS₹ 13.60₹9.44Up Tick 44.07%

Shares of EIMCO ELECON (INDIA) LTD. was last trading in BSE at Rs.311 as compared to the previous close of Rs. 314.05. The total number of shares traded during the day was 470 in over 40 trades.

The stock hit an intraday high of Rs. 313.35 and intraday low of 308.9. The net turnover during the day was Rs. 146002.

Source : Equity Bulls

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