Salem Erode Investments Ltd Q1FY22 PAT at Rs. 29.23 lakhs

Salem Erode Investments Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY2021-22) - QoQ Comparison

The company has reported total income of Rs.0.7206 crores during the period ended June 30, 2021 as compared to Rs.0.5995 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.2923 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.3215 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.25 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 FY2020-21	% Change
Total Income	₹ 0.7206 crs	₹ 0.5995 crs	20.2%
Net Profit	₹ 0.2923 crs	₹ 0.3215 crs	-9.08%
EPS	₹ 0.25	₹ 0.28	-10.71%

Financial Results (Q1 FY2021-22) - YoY Comparison

The company has reported total income of Rs.0.7206 crores during the period ended June 30, 2021 as compared to Rs.0.6225 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.2923 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.2625 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.25 for the period ended June 30, 2021 as compared to Rs.0.23 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.7206 crs	₹ 0.6225 crs	15.76%
Net Profit	₹ 0.2923 crs	₹ 0.2625 crs	11.35%
EPS	₹ 0.25	₹ 0.23	8.7%

Source : Equity Bulls

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