Agri-Tech India Ltd posts loss of Rs. 76.38 lakhs in Q2FY22

Agri-Tech (India) Limited 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. 0.6830 crores during the period ended September 30, 2021 as compared to Rs. 0.7249 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -0.7638 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 1.0356 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -1.29 for the period ended September 30, 2021 as compared to Rs. 1.74 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 0.6830 crs	₹0.7249 crs	-5.78%
Net Profit	₹-0.7638 crs	₹1.0356 crs	-173.75%
EPS	₹-1.29	₹1.74	-174.14%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.6830 crores during the period ended September 30, 2021 as compared to Rs.0.0023 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.7638 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.7679 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-1.29 for the period ended September 30, 2021 as compared to Rs.-1.29 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 0.6830 crs	₹0.0023 crs	29,595.65%
Net Profit	₹-0.7638 crs	₹-0.7679 crs	0.53%
EPS	₹-1.29	₹-1.29	0.00%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1.4079 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.1929 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.2718 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-1.5277 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.46 for the 6 Months period ended September 30, 2021 as compared to Rs.-2.57 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1.4079 crs	₹0.1929 crs	629.86%
Net Profit	₹0.2718 crs	₹-1.5277 crs	117.79%
EPS	₹0.46	₹-2.57	117.90%

Shares of Agri-Tech (India) Limited was last trading in BSE at Rs. 68.55 as compared to the previous close of Rs. 69.30. The total number of shares traded during the day was 1060 in over 16 trades.

The stock hit an intraday high of Rs. 69.90 and intraday low of 68.00. The net turnover during the day was Rs. 72736.00.

Source : Equity Bulls

Keywords

AgriTechIndia Q2FY22 H1FY22 ResultUpdate