Redington India Ltd posts QoQ drop in consolidated Q1FY22 PAT to Rs. 236.67 crores

Redington (India) 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.13474 crores during the period ended June 30, 2021 as compared to Rs.15530.37 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.236.67 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.302.51 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.6.07 for the period ended June 30, 2021 as compared to Rs.7.76 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 13474 crs	₹ 15530.37 crs	-13.24%
Net Profit	₹ 236.67 crs	₹ 302.51 crs	-21.76%
EPS	₹ 6.07	₹ 7.76	-21.78%

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

The company has reported total income of Rs.13474 crores during the period ended June 30, 2021 as compared to Rs.10721.92 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.236.67 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.88.78 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.6.07 for the period ended June 30, 2021 as compared to Rs.2.28 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 13474 crs	₹ 10721.92 crs	25.67%
Net Profit	₹ 236.67 crs	₹ 88.78 crs	166.58%
EPS	₹ 6.07	₹ 2.28	166.23%

Shares of Redington (India) ltd. was last trading in BSE at Rs. 330.05 as compared to the previous close of Rs. 320.2. The total number of shares traded during the day was 92419 in over 3324 trades.

The stock hit an intraday high of Rs. 332.1 and intraday low of 325.15. The net turnover during the day was Rs. 30494857.

Source : Equity Bulls

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