GRM Overseas Ltd Q2FY22 consolidated PAT surges to Rs. 24.47 crore

GRM OVERSEAS LTD. has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 257.9690 crores during the period ended September 30, 2021 as compared to Rs. 223.3124 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 24.4707 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 18.2990 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 20.41 for the period ended September 30, 2021 as compared to Rs. 15.26 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 257.9690 crs	₹223.3124 crs	15.52%
Net Profit	₹24.4707 crs	₹18.2990 crs	33.73%
EPS	₹20.41	₹15.26	33.75%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 257.9690 crores during the period ended September 30, 2021 as compared to Rs.169.9478 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.24.4707 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.14.7901 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.20.41 for the period ended September 30, 2021 as compared to Rs.12.65 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 257.9690 crs	₹169.9478 crs	51.79%
Net Profit	₹24.4707 crs	₹14.7901 crs	65.45%
EPS	₹20.41	₹12.65	61.34%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.481.2814 crores during the 6 Months period ended September 30, 2021 as compared to Rs.290.0550 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.42.7698 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.20.9663 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.35.67 for the 6 Months period ended September 30, 2021 as compared to Rs.17.94 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹481.2814 crs	₹290.0550 crs	65.93%
Net Profit	₹42.7698 crs	₹20.9663 crs	103.99%
EPS	₹35.67	₹17.94	98.83%

Shares of GRM OVERSEAS LTD. was last trading in BSE at Rs. 971.05 as compared to the previous close of Rs. 968.35. The total number of shares traded during the day was 2977 in over 193 trades.

The stock hit an intraday high of Rs. 985.00 and intraday low of 921.10. The net turnover during the day was Rs. 2887733.00.

Source : Equity Bulls

Keywords

GRMOverseas Q2FY22 H1FY22 ResultUpdate