Narbada Gems and Jewellery Ltd reports surge in Q1FY22 profit

Narbada Gems and Jewellery 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.10.48 crores during the period ended June 30, 2021 as compared to Rs.16.26 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.9075 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.4272 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.51 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	₹ 10.48 crs	₹ 16.26 crs	-35.55%
Net Profit	₹ 0.9075 crs	₹ 0.4272 crs	112.43%
EPS	₹ 0.51	₹ 0.28	82.14%

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

The company has reported total income of Rs.10.48 crores during the period ended June 30, 2021 as compared to Rs.1.66 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.9075 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0380 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.51 for the period ended June 30, 2021 as compared to Rs.0.03 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 10.48 crs	₹ 1.66 crs	531.33%
Net Profit	₹ 0.9075 crs	₹ 0.0380 crs	2288.16%
EPS	₹ 0.51	₹ 0.03	1600%

Shares of Narbada Gems and Jewellery Limited was last trading in BSE at Rs. 28.9 as compared to the previous close of Rs. 28.6. The total number of shares traded during the day was 35 in over 2 trades.

The stock hit an intraday high of Rs. 28.9 and intraday low of 28.9. The net turnover during the day was Rs. 1011.

Source : Equity Bulls

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