The Anup Engineering Ltd Q1FY22 net profit at Rs. 7.89 crore

The Anup Engineering Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY2021-22) - QoQ Comparison

The company has reported total income of Rs.52.39 crores during the period ended June 30, 2021 as compared to Rs.133.92 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.7.89 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.27.55 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.7.95 for the period ended June 30, 2021 as compared to Rs.26.82 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY2020-21	% Change
Total Income	₹ 52.39 crs	₹ 133.92 crs	-60.88%
Net Profit	₹ 7.89 crs	₹ 27.55 crs	-71.36%
EPS	₹ 7.95	₹ 26.82	-70.36%

Financial Results (Q1 FY2021-22) - YoY Comparison

The company has reported total income of Rs.52.39 crores during the period ended June 30, 2021 as compared to Rs.30.95 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.7.89 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.5.19 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.7.95 for the period ended June 30, 2021 as compared to Rs.5.08 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 52.39 crs	₹ 30.95 crs	69.27%
Net Profit	₹ 7.89 crs	₹ 5.19 crs	52.02%
EPS	₹ 7.95	₹ 5.08	56.5%

Commenting on the results, Mr. Rishi Roop Kapoor, CEO, The Anup Engineering Ltd said, "We have been able to deliver the best ever 1st quarter numbers despite the impact due second wave of COVID-19 in Q1. We have been taking all measures to maintain execution levels along with due safety procedures and would be ensuring that all our team members to be fully vaccinated at the earliest."

Outlook

The order book is very strong and the enquiries have been encouraging. On the CAPEX front, the clean room project at Odhav is likely to be completed by end of second quarter and we will be starting the construction at Kheda during the second quarter."

Source : Equity Bulls

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