Stock Report

GPT Infraprojects Ltd posts consolidated PAT of Rs. 4.53 crore in Q1FY22



Posted On : 2021-08-03 15:14:03( TIMEZONE : IST )

GPT Infraprojects Ltd posts consolidated PAT of Rs. 4.53 crore in Q1FY22

GPT Infraprojects limited 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.122.49 crores during the period ended June 30, 2021 as compared to Rs.214.11 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.4.53 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.8.39 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.56 for the period ended June 30, 2021 as compared to Rs.2.88 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 122.49 crs₹ 214.11 crsDown Tick -42.79%
Net Profit₹ 4.53 crs₹ 8.39 crsDown Tick -46.01%
EPS₹ 1.56₹ 2.88Down Tick -45.83%

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

The company has reported total income of Rs.122.49 crores during the period ended June 30, 2021 as compared to Rs.83.81 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.4.53 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.1.67 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.56 for the period ended June 30, 2021 as compared to Rs.0.58 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 122.49 crs₹ 83.81 crsUp Tick 46.15%
Net Profit₹ 4.53 crs₹ 1.67 crsUp Tick 171.26%
EPS₹ 1.56₹ 0.58Up Tick 168.97%

Commenting on the performance, GPT Chairman, Mr. Dwarika Prasad Tantia, said, "The calendar year 2021 started on a buoyant note with revival in the ordering activity in the infrastructure sector backed by the Government's focus on capex and a huge outlay of Rs 1.1 trillion for the railways in Union Budget 2021-22. However, with the second wave of Covid-19 hitting the country, the focus of the Government shifted back to healthcare. As a result, ordering activity was muted in the quarter. However, with the current orderbook standing strong at Rs. 18.6 billion, we are confident of bettering our performance in this fiscal. Our teams were better prepared for the second wave, and we faced minimal disruptions in our operations barring a few localised lockdowns. We have, given the circumstances, done well in maintaining a strong momentum in the first quarter and are confident of being able to carry this through in the forthcoming quarters."

Shares of GPT Infraprojects limited was last trading in BSE at Rs. 97.4 as compared to the previous close of Rs. 96.35. The total number of shares traded during the day was 9604 in over 257 trades.

The stock hit an intraday high of Rs. 99.7 and intraday low of 95.65. The net turnover during the day was Rs. 932740.

Source : Equity Bulls

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