Plastiblends India Ltd reports QoQ, YoY drop in PAT to Rs. 5.50 crore in Q2 FY2021-22

The Board of Directors of Plastiblends India Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 172.6066 crore, against ₹143.0018 crore in the corresponding quarter of the previous year (YoY) and ₹155.0178 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹5.5018 crore, against ₹7.6306 crore in the corresponding quarter of the previous year (YoY) and ₹6.7491 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.12, against ₹2.94 in the corresponding quarter of the previous year (YoY) and ₹2.60 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 172.6066 crs	₹155.0178 crs	11.35%	₹143.0018 crs	20.70%
Net Profit	₹5.5018 crs	₹6.7491 crs	-18.48%	₹7.6306 crs	-27.90 %
EPS	₹2.12	₹2.60	-18.46%	₹2.94	-27.89%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹327.6245 crore, against ₹246.9178 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹12.2509 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹13.8565 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹4.71 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹5.33 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹327.6245 crs	₹246.9178 crs	32.69%
Net Profit	₹12.2509 crs	₹13.8565 crs	-11.59%
EPS	₹4.71	₹5.33	-11.63%

Shares of Plastiblends India Limited was last trading in BSE at Rs. 282.85 as compared to the previous close of Rs. 291.70. The total number of shares traded during the day was 9505 in over 1021 trades.

The stock hit an intraday high of Rs. 299.90 and intraday low of 281.20. The net turnover during the day was Rs. 2772124.00.

Source : Equity Bulls

Keywords

PlastiblendsIndia Q2FY22 H1FY22 ResultUpdate