Stock Report

Axtel Industries Ltd reports Rs. 5.39 crore net profit in Q2FY21



Posted On : 2020-11-06 18:37:14( TIMEZONE : IST )

Axtel Industries Ltd reports Rs. 5.39 crore net profit in Q2FY21

AXTEL INDUSTRIES 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.40.17 crores during the period ended September 30, 2020 as compared to Rs.32.15 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.5.39 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.6.70 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.3.34 for the period ended September 30, 2020 as compared to Rs.4.15 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 40.17 crs₹ 32.15 crsUp Tick 24.95%
Net Profit₹ 5.39 crs₹ 6.70 crsDown Tick -19.55%
EPS₹ 3.34₹ 4.15Down Tick -19.52%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.40.17 crores during the period ended September 30, 2020 as compared to Rs.31.74 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.5.39 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.3.44 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.3.34 for the period ended September 30, 2020 as compared to Rs.2.13 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 40.17 crs₹ 31.74 crsUp Tick 26.56%
Net Profit₹ 5.39 crs₹ 3.44 crsUp Tick 56.69%
EPS₹ 3.34₹ 2.13Up Tick 56.81%

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

The company has reported total income of Rs.72.32 crores during the 6 months period ended September 30, 2020 as compared to Rs.49.99 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.12.10 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.4.15 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.7.49 for the 6 months period ended September 30, 2020 as compared to Rs.2.57 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 72.32 crs₹ 49.99 crsUp Tick 44.67%
Net Profit₹ 12.10 crs₹ 4.15 crsUp Tick 191.57%
EPS₹ 7.49₹2.57Up Tick 191.44%

Shares of AXTEL INDUSTRIES LTD. was last trading in BSE at Rs.242 as compared to the previous close of Rs. 237.4. The total number of shares traded during the day was 21493 in over 377 trades.

The stock hit an intraday high of Rs. 247 and intraday low of 232. The net turnover during the day was Rs. 5105796.

Source : Equity Bulls

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