Loyal Textile Mills Ltd Q2 profit up by 116%, Q2 EPS Rs.14.64

Loyal Textile Mills has reported total revenue of Rs.269.48 Cr. for the quarter ended and Rs.449.22 Cr. for the half year ended 30 September 2020 against Rs.289.95 Cr. and Rs.536.26 Cr. in the corresponding quarter and half year ended of the previous year, respectively.

Net profit for the Quarter ended 30th September 2020 is Rs.7.00 Cr. as against Rs.3.23 Cr. in the previous year. Rs.10.92 Cr. has been provided for depreciation and amortization and Rs.8.90 Cr. for finance cost.

Net profit for the half year ended 30th September 2020 is Rs.4.87 Cr. as against Rs.3.62 Cr. in the previous year. Rs.21.89 Cr. has been provided for depreciation and amortization and Rs.17.55 Cr. for finance cost.

Shares of LOYAL TEXTILE MILLS LTD. was last trading in BSE at Rs.291 as compared to the previous close of Rs. 257. The total number of shares traded during the day was 474 in over 41 trades.

The stock hit an intraday high of Rs. 291 and intraday low of 251.25. The net turnover during the day was Rs. 132451.

Source : Equity Bulls

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