Garden Reach Shipbuilders and Engineers Ltd Q1FY22 PAT declines QoQ to Rs. 20.59 crores

Garden Reach Shipbuilders & Engineers 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.344.01 crores during the period ended June 30, 2021 as compared to Rs.449.76 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.20.59 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.58 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.80 for the period ended June 30, 2021 as compared to Rs.5.06 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 344.01 crs	₹ 449.76 crs	-23.51%
Net Profit	₹ 20.59 crs	₹ 58 crs	-64.5%
EPS	₹ 1.80	₹ 5.06	-64.43%

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

The company has reported total income of Rs.344.01 crores during the period ended June 30, 2021 as compared to Rs.159.91 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.20.59 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1486 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.80 for the period ended June 30, 2021 as compared to Rs.0.0129 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 344.01 crs	₹ 159.91 crs	115.13%
Net Profit	₹ 20.59 crs	₹ 0.1486 crs	13755.99%
EPS	₹ 1.80	₹ 0.0129	13853.49%

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 191.5 as compared to the previous close of Rs. 192.65. The total number of shares traded during the day was 21405 in over 634 trades.

The stock hit an intraday high of Rs. 195.25 and intraday low of 190.45. The net turnover during the day was Rs. 4136567.

Source : Equity Bulls

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