Maithan Alloys Ltd Q1FY22 consolidated PAT jumps to Rs. 112.07 crore

Maithan Alloys 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.575.96 crores during the period ended June 30, 2021 as compared to Rs.505.42 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.112.07 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.85.29 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.38.50 for the period ended June 30, 2021 as compared to Rs.29.02 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 575.96 crs	₹ 505.42 crs	13.96%
Net Profit	₹ 112.07 crs	₹ 85.29 crs	31.4%
EPS	₹ 38.50	₹ 29.02	32.67%

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

The company has reported total income of Rs.575.96 crores during the period ended June 30, 2021 as compared to Rs.273.26 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.112.07 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.35.16 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.38.50 for the period ended June 30, 2021 as compared to Rs.12.08 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 575.96 crs	₹ 273.26 crs	110.77%
Net Profit	₹ 112.07 crs	₹ 35.16 crs	218.74%
EPS	₹ 38.50	₹ 12.08	218.71%

Shares of Maithan Alloys Limited was last trading in BSE at Rs. 1143.2 as compared to the previous close of Rs. 1148.45. The total number of shares traded during the day was 72303 in over 4186 trades.

The stock hit an intraday high of Rs. 1228 and intraday low of 1130. The net turnover during the day was Rs. 84577212.

Source : Equity Bulls

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