Gujarat Raffia Industries Ltd Q1FY22 PAT at Rs. 31.97 lakhs

Gujarat Raffia Ind. 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.9.46 crores during the period ended June 30, 2021 as compared to Rs.10.48 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.3197 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.5187 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.59 for the period ended June 30, 2021 as compared to Rs.1.05 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 9.46 crs	₹ 10.48 crs	-9.73%
Net Profit	₹ 0.3197 crs	₹ 0.5187 crs	-38.37%
EPS	₹ 0.59	₹ 1.05	-43.81%

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

The company has reported total income of Rs.9.46 crores during the period ended June 30, 2021 as compared to Rs.11.88 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.3197 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.254 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.59 for the period ended June 30, 2021 as compared to Rs.0.47 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 9.46 crs	₹ 11.88 crs	-20.37%
Net Profit	₹ 0.3197 crs	₹ 0.254 crs	25.87%
EPS	₹ 0.59	₹ 0.47	25.53%

Shares of Gujarat Raffia Ind. Ltd., was last trading in BSE at Rs. 37.9 as compared to the previous close of Rs. 37.7. The total number of shares traded during the day was 1403 in over 22 trades.

The stock hit an intraday high of Rs. 37.9 and intraday low of 35.85. The net turnover during the day was Rs. 51460.

Source : Equity Bulls

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