North Eastern Carrying Corporation Ltd posts PAT of Rs. 71.90 lakhs in Q1FY22

North Eastern Carrying Corporation 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.70.49 crores during the period ended June 30, 2021 as compared to Rs.77.08 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.719 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.2.96 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.14 for the period ended June 30, 2021 as compared to Rs.0.59 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 70.49 crs	₹ 77.08 crs	-8.55%
Net Profit	₹ 0.719 crs	₹ 2.96 crs	-75.71%
EPS	₹ 0.14	₹ 0.59	-76.27%

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

The company has reported total income of Rs.70.49 crores during the period ended June 30, 2021 as compared to Rs.33.39 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.719 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(3.23) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.14 for the period ended June 30, 2021 as compared to Rs.(0.64) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 70.49 crs	₹ 33.39 crs	111.11%
Net Profit	₹ 0.719 crs	₹ (3.23) crs	122.26%
EPS	₹ 0.14	₹ (0.64)	121.88%

Shares of North Eastern Carrying Corporation Limited was last trading in BSE at Rs. 17.35 as compared to the previous close of Rs. 17.7. The total number of shares traded during the day was 86160 in over 300 trades.

The stock hit an intraday high of Rs. 18.55 and intraday low of 16.85. The net turnover during the day was Rs. 1515626.

Source : Equity Bulls

Keywords