INEOS Styrolution India Ltd Q3FY21 PAT zooms to Rs. 102.99 crore

INEOS Styrolution India 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.488.38 crores during the period ended December 31, 2020 as compared to Rs.398.82 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.102.99 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.35.84 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.58.57 for the period ended December 31, 2020 as compared to Rs.20.38 for the period ended September 30, 2020.

Financials	Q3 FY20-21	Q2 FY20-21	% Change
Total Income	Rs. 488.38 crs	Rs. 398.82 crs	22.46%
Net Profit	Rs. 102.99 crs	Rs. 35.84 crs	187.36%
EPS	Rs. 58.57	Rs. 20.38	187.39%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.488.38 crores during the period ended December 31, 2020 as compared to Rs.341.17 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.102.99 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.(33.14) crores for the period ended December 31, 2019.

The company has reported EPS of Rs.58.57 for the period ended December 31, 2020 as compared to Rs.(18.85) for the period ended December 31, 2019.

Financials	Q3 FY20-21	Q3 FY19-20	% Change
Total Income	Rs. 488.38 crs	Rs. 341.17 crs	43.15%
Net Profit	Rs. 102.99 crs	Rs. (33.14) crs	410.77%
EPS	Rs. 58.57	Rs. (18.85)	410.72%

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

The company has reported total income of Rs.1003.68 crores during the 9 months period ended December 31, 2020 as compared to Rs.1225.13 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.118.81 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.(13.97) crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.67.56 for the 9 months period ended December 31, 2020 as compared to Rs.(7.95) for the 9 months period ended December 31, 2019.

Financials	9 Months ended FY20-21	9 Months ended FY19-20	% Change
Total Income	Rs. 1003.68 crs	Rs. 1225.13 crs	-18.08%
Net Profit	Rs. 118.81 crs	Rs. (13.97) crs	950.47%
EPS	Rs. 67.56	Rs. (7.95)	949.81%

Shares of INEOS Styrolution India Ltd was last trading in BSE at Rs.1035.2 as compared to the previous close of Rs. 1025.05. The total number of shares traded during the day was 5462 in over 567 trades.

The stock hit an intraday high of Rs. 1060.4 and intraday low of 1016.9. The net turnover during the day was Rs. 5707547.

Source : Equity Bulls

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