Stock Report

I G Petrochemicals Ltd Q3FY21 consolidated net profit surges to Rs. 62.86 crore



Posted On : 2021-02-09 19:28:34( TIMEZONE : IST )

I G Petrochemicals Ltd Q3FY21 consolidated net profit surges to Rs. 62.86 crore

I G PETROCHEMICALS LTD. has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.315.47 crores during the period ended December 31, 2020 as compared to Rs.243.13 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.62.86 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.23.16 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.20.41 for the period ended December 31, 2020 as compared to Rs.7.52 for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 315.47 crs₹ 243.13 crsUp Tick 29.75%
Net Profit₹ 62.86 crs₹ 23.16 crsUp Tick 171.42%
EPS₹ 20.41₹ 7.52Up Tick 171.41%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.315.47 crores during the period ended December 31, 2020 as compared to Rs.276.60 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.62.86 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.4.47 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.20.41 for the period ended December 31, 2020 as compared to Rs.1.45 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 315.47 crs₹ 276.60 crsUp Tick 14.05%
Net Profit₹ 62.86 crs₹ 4.47 crsUp Tick 1306.26%
EPS₹ 20.41₹ 1.45Up Tick 1307.59%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.701.63 crores during the 9 months period ended December 31, 2020 as compared to Rs.794.43 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.88.25 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.16.92 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.28.66 for the 9 months period ended December 31, 2020 as compared to Rs.5.49 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 701.63 crs₹ 794.43 crsDown Tick -11.68%
Net Profit₹ 88.25 crs₹ 16.92 crsUp Tick 421.57%
EPS₹ 28.66₹5.49Up Tick 422.04%

Shares of I G PETROCHEMICALS LTD. was last trading in BSE at Rs.471.2 as compared to the previous close of Rs. 481.15. The total number of shares traded during the day was 13446 in over 995 trades.

The stock hit an intraday high of Rs. 490 and intraday low of 471.2. The net turnover during the day was Rs. 6438148.

Source : Equity Bulls

Keywords