Stock Report

Polymechplast Machines Ltd reports Q2FY21 net profit of Rs. 0.75 crore



Posted On : 2020-11-06 17:46:04( TIMEZONE : IST )

Polymechplast Machines Ltd reports Q2FY21 net profit of Rs. 0.75 crore

POLYMECHPLAST MACHINES 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.17.17 crores during the period ended September 30, 2020 as compared to Rs.4.38 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.75 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.20 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.57 for the period ended September 30, 2020 as compared to Rs.0.44 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 17.17 crs₹ 4.38 crsUp Tick 292.01%
Net Profit₹ 0.75 crs₹ 0.20 crsUp Tick 275%
EPS₹ 1.57₹ 0.44Up Tick 256.82%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.17.17 crores during the period ended September 30, 2020 as compared to Rs.10.79 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.75 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.31 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.1.57 for the period ended September 30, 2020 as compared to Rs.0.66 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 17.17 crs₹ 10.79 crsUp Tick 59.13%
Net Profit₹ 0.75 crs₹ 0.31 crsUp Tick 141.94%
EPS₹ 1.57₹ 0.66Up Tick 137.88%

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

The company has reported total income of Rs.21.56 crores during the 6 months period ended September 30, 2020 as compared to Rs.19.67 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.96 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.0.49 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.2.01 for the 6 months period ended September 30, 2020 as compared to Rs.1.03 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 21.56 crs₹ 19.67 crsUp Tick 9.61%
Net Profit₹ 0.96 crs₹ 0.49 crsUp Tick 95.92%
EPS₹ 2.01₹1.03Up Tick 95.15%

Shares of POLYMECHPLAST MACHINES LTD. was last trading in BSE at Rs.26.05 as compared to the previous close of Rs. 26. The total number of shares traded during the day was 36 in over 4 trades.

The stock hit an intraday high of Rs. 28.55 and intraday low of 24.05. The net turnover during the day was Rs. 922.

Source : Equity Bulls

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