Stock Report

Ritesh International posts higher net profit in Q2FY22



Posted On : 2021-10-27 19:09:55( TIMEZONE : IST )

Ritesh International posts higher net profit in Q2FY22

RITESH INTERNATIONAL LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 34.8495 crores during the period ended September 30, 2021 as compared to Rs. 22.3187 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.4818 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.2988 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.56 for the period ended September 30, 2021 as compared to Rs. 0.35 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 34.8495 crs ₹22.3187 crs Up Tick / Down Tick56.14%
Net Profit ₹0.4818 crs ₹0.2988 crs Up Tick / Down Tick61.24%
EPS ₹0.56 ₹0.35 Up Tick / Down Tick60.00%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 34.8495 crores during the period ended September 30, 2021 as compared to Rs.18.0692 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.4818 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.3830 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.56 for the period ended September 30, 2021 as compared to Rs.0.45 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 34.8495 crs ₹18.0692 crs Up Tick / Down Tick92.87%
Net Profit ₹0.4818 crs ₹0.3830 crs Up Tick / Down Tick25.80%
EPS ₹0.56 ₹0.45 Up Tick / Down Tick24.44%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.57.1682 crores during the 6 Months period ended September 30, 2021 as compared to Rs.25.8717 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.0.7806 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-0.3707 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.91 for the 6 Months period ended September 30, 2021 as compared to Rs.-0.43 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹57.1682 crs ₹25.8717 crs Up Tick / Down Tick120.97%
Net Profit ₹0.7806 crs ₹-0.3707 crs Up Tick / Down Tick310.57%
EPS ₹0.91 ₹-0.43 Up Tick / Down Tick311.63%

Shares of RITESH INTERNATIONAL LTD. was last trading in BSE at Rs. 30.00 as compared to the previous close of Rs. 29.80. The total number of shares traded during the day was 3746 in over 37 trades.

The stock hit an intraday high of Rs. 31.00 and intraday low of 28.80. The net turnover during the day was Rs. 113134.00.

Source : Equity Bulls

Keywords

RiteshInternational Q2FY22 H1FY22 ResultUpdate