Stock Report

Kanco Tea & Industries Ltd Q2 consolidated net profit zooms to Rs. 19.39 crore



Posted On : 2020-11-12 17:40:37( TIMEZONE : IST )

Kanco Tea & Industries Ltd Q2 consolidated net profit zooms to Rs. 19.39 crore

Kanco Tea & 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.39.02 crores during the period ended September 30, 2020 as compared to Rs.12.81 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.19.39 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.3.07 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.37.85 for the period ended September 30, 2020 as compared to Rs.5.99 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 39.02 crs₹ 12.81 crsUp Tick 204.61%
Net Profit₹ 19.39 crs₹ 3.07 crsUp Tick 531.6%
EPS₹ 37.85₹ 5.99Up Tick 531.89%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.39.02 crores during the period ended September 30, 2020 as compared to Rs.22.93 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.19.39 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.6.06 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.37.85 for the period ended September 30, 2020 as compared to Rs.11.83 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 39.02 crs₹ 22.93 crsUp Tick 70.17%
Net Profit₹ 19.39 crs₹ 6.06 crsUp Tick 219.97%
EPS₹ 37.85₹ 11.83Up Tick 219.95%

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

The company has reported total income of Rs.51.83 crores during the 6 months period ended September 30, 2020 as compared to Rs.40.63 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.22.46 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.10.63 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.43.84 for the 6 months period ended September 30, 2020 as compared to Rs.20.75 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 51.83 crs₹ 40.63 crsUp Tick 27.57%
Net Profit₹ 22.46 crs₹ 10.63 crsUp Tick 111.29%
EPS₹ 43.84₹20.75Up Tick 111.28%

Shares of Kanco Tea & Industries Ltd was last trading in BSE at Rs.29 as compared to the previous close of Rs. 29. The total number of shares traded during the day was 24 in over 2 trades.

The stock hit an intraday high of Rs. 29 and intraday low of 29. The net turnover during the day was Rs. 696.

Source : Equity Bulls

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