Stock Report

Allsec Technologies Ltd Q1FY22 consolidated loss at Rs. 7.97 crore



Posted On : 2021-07-19 20:53:00( TIMEZONE : IST )

Allsec Technologies Ltd Q1FY22 consolidated loss at Rs. 7.97 crore

ALLSEC TECHNOLOGIES LTD. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.72.20 crores during the period ended June 30, 2021 as compared to Rs.74.99 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.(7.97) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.13.78 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.(5.23) for the period ended June 30, 2021 as compared to Rs.9.05 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 72.20 crs₹ 74.99 crsDown Tick -3.72%
Net Profit₹ (7.97) crs₹ 13.78 crsDown Tick -157.84%
EPS₹ (5.23)₹ 9.05Down Tick -157.79%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.72.20 crores during the period ended June 30, 2021 as compared to Rs.65.05 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.(7.97) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.6.03 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.(5.23) for the period ended June 30, 2021 as compared to Rs.3.96 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 72.20 crs₹ 65.05 crsUp Tick 10.99%
Net Profit₹ (7.97) crs₹ 6.03 crsDown Tick -232.17%
EPS₹ (5.23)₹ 3.96Down Tick -232.07%

Commenting on the performance, Mr. Suraj Moraje, Non-Executive Director said "The Company has dealt well with the second COVID wave in India, even while seeing faster customer acquisition in the DBS business and continued robust growth in the HRO business. The management's focus on platformisation and automation will further accelerate this performance in the time to come."

Shares of ALLSEC TECHNOLOGIES LTD. was last trading in BSE at Rs.535 as compared to the previous close of Rs. 535.95. The total number of shares traded during the day was 6457 in over 411 trades.

The stock hit an intraday high of Rs. 550 and intraday low of 525. The net turnover during the day was Rs. 3440051.

Source : Equity Bulls

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