Shriram Asset Management Company Ltd posts net profit of Rs. 6.21 lakhs in Q1FY22

Shriram Asset Management Co.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.1.28 crores during the period ended June 30, 2021 as compared to Rs.1.87 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.0621 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.3121 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2021 as compared to Rs.0.52 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 1.28 crs	₹ 1.87 crs	-31.55%
Net Profit	₹ 0.0621 crs	₹ 0.3121 crs	-80.1%
EPS	₹ 0.10	₹ 0.52	-80.77%

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

The company has reported total income of Rs.1.28 crores during the period ended June 30, 2021 as compared to Rs.1.14 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.0621 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0674) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2021 as compared to Rs.(0.11) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 1.28 crs	₹ 1.14 crs	12.28%
Net Profit	₹ 0.0621 crs	₹ (0.0674) crs	192.14%
EPS	₹ 0.10	₹ (0.11)	190.91%

Shares of Shriram Asset Management Co.Ltd. was last trading in BSE at Rs. 87.65 as compared to the previous close of Rs. 85.1. The total number of shares traded during the day was 1146 in over 14 trades.

The stock hit an intraday high of Rs. 89 and intraday low of 83. The net turnover during the day was Rs. 95833.

Source : Equity Bulls

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