GSB Finance Ltd Q1FY22 net profit at Rs. 11.44 lakhs

GSB Finance 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.0.3432 crores during the period ended June 30, 2021 as compared to Rs.0.5240 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1144 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1010 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.019 for the period ended June 30, 2021 as compared to Rs.0.017 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.3432 crs	₹ 0.5240 crs	-34.5%
Net Profit	₹ 0.1144 crs	₹ 0.1010 crs	13.27%
EPS	₹ 0.019	₹ 0.017	11.76%

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

The company has reported total income of Rs.0.3432 crores during the period ended June 30, 2021 as compared to Rs.0.3983 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.1144 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0872 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.019 for the period ended June 30, 2021 as compared to Rs.0.015 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.3432 crs	₹ 0.3983 crs	-13.83%
Net Profit	₹ 0.1144 crs	₹ 0.0872 crs	31.19%
EPS	₹ 0.019	₹ 0.015	26.67%

Shares of GSB Finance Ltd. was last trading in BSE at Rs. 9.14 as compared to the previous close of Rs. 9.62. The total number of shares traded during the day was 2126 in over 8 trades.

The stock hit an intraday high of Rs. 9.15 and intraday low of 9.14. The net turnover during the day was Rs. 19440.

Source : Equity Bulls

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