OTCO International Ltd Q1FY22 net profit at Rs. 39.96 lakhs

Otco International 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.0.7073 crores during the period ended June 30, 2021 as compared to Rs.4.02 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.3996 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.3649 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.31 for the period ended June 30, 2021 as compared to Rs.0.28 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.7073 crs	₹ 4.02 crs	-82.41%
Net Profit	₹ 0.3996 crs	₹ 0.3649 crs	9.51%
EPS	₹ 0.31	₹ 0.28	10.71%

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

The company has reported total income of Rs.0.7073 crores during the period ended June 30, 2021 as compared to Rs.0.1005 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.3996 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0055 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.31 for the period ended June 30, 2021 as compared to Rs.0.003 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.7073 crs	₹ 0.1005 crs	603.78%
Net Profit	₹ 0.3996 crs	₹ 0.0055 crs	7165.45%
EPS	₹ 0.31	₹ 0.003	10233.33%

Shares of Otco International Ltd was last trading in BSE at Rs. 5.67 as compared to the previous close of Rs. 5.96. The total number of shares traded during the day was 10049 in over 35 trades.

The stock hit an intraday high of Rs. 5.96 and intraday low of 5.67. The net turnover during the day was Rs. 57643.

Source : Equity Bulls

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