ARC Finance Ltd Q1FY22 net profit at Rs. 10.79 lakhs

ARC Finance 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.0.3838 crores during the period ended June 30, 2021 as compared to Rs.3.45 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1079 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.4625 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.021 for the period ended June 30, 2021 as compared to Rs.0.092 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.3838 crs	₹ 3.45 crs	-88.88%
Net Profit	₹ 0.1079 crs	₹ 0.4625 crs	-76.67%
EPS	₹ 0.021	₹ 0.092	-77.17%

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

The company has reported total income of Rs.0.3838 crores during the period ended June 30, 2021 as compared to Rs.0.2449 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.1079 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0787 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.021 for the period ended June 30, 2021 as compared to Rs.0.016 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.3838 crs	₹ 0.2449 crs	56.72%
Net Profit	₹ 0.1079 crs	₹ 0.0787 crs	37.1%
EPS	₹ 0.021	₹ 0.016	31.25%

Shares of ARC Finance Limited was last trading in BSE at Rs. 7.3 as compared to the previous close of Rs. 6.96. The total number of shares traded during the day was 4233 in over 21 trades.

The stock hit an intraday high of Rs. 7.3 and intraday low of 7.3. The net turnover during the day was Rs. 30900.

Source : Equity Bulls

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