Cubex Tubings Ltd reports net profit of Rs. 38.01 lakhs in Q1FY22

Cubex Tubings 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.24.76 crores during the period ended June 30, 2021 as compared to Rs.20.27 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.3801 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.8932 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.27 for the period ended June 30, 2021 as compared to Rs.0.62 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 24.76 crs	₹ 20.27 crs	22.15%
Net Profit	₹ 0.3801 crs	₹ 0.8932 crs	-57.45%
EPS	₹ 0.27	₹ 0.62	-56.45%

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

The company has reported total income of Rs.24.76 crores during the period ended June 30, 2021 as compared to Rs.9.40 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.3801 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0799 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.27 for the period ended June 30, 2021 as compared to Rs.0.06 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 24.76 crs	₹ 9.40 crs	163.4%
Net Profit	₹ 0.3801 crs	₹ 0.0799 crs	375.72%
EPS	₹ 0.27	₹ 0.06	350%

Shares of Cubex Tubings Ltd was last trading in BSE at Rs. 24.9 as compared to the previous close of Rs. 23.1. The total number of shares traded during the day was 8814 in over 365 trades.

The stock hit an intraday high of Rs. 24.9 and intraday low of 23. The net turnover during the day was Rs. 211248.

Source : Equity Bulls

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