Premier Explosives Ltd Q2FY22 consolidated net profit rises to Rs. 3.09 crore

The Board of Directors of Premier Explosives Limited, at its meeting held today have approved the unaudited Consolidated 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 ₹ 56.0895 crore, against ₹45.3607 crore in the corresponding quarter of the previous year (YoY) and ₹32.8001 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹3.0973 crore, against ₹-5.6943 crore in the corresponding quarter of the previous year (YoY) and ₹1.2764 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹3, against ₹-5.28 in the corresponding quarter of the previous year (YoY) and ₹1.19 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 56.0895 crs	₹32.8001 crs	71.00%	₹45.3607 crs	23.65%
Net Profit	₹3.0973 crs	₹1.2764 crs	142.66%	₹-5.6943 crs	154.39 %
EPS	₹3	₹1.19	152.10%	₹-5.28	156.82%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹88.8896 crore, against ₹68.7323 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹4.3737 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-8.1252 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹4.19 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-7.53 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹88.8896 crs	₹68.7323 crs	29.33%
Net Profit	₹4.3737 crs	₹-8.1252 crs	153.83%
EPS	₹4.19	₹-7.53	155.64%

Shares of Premier Explosives Limited was last trading in BSE at Rs. 232.95 as compared to the previous close of Rs. 242.20. The total number of shares traded during the day was 6934 in over 200 trades.

The stock hit an intraday high of Rs. 253.90 and intraday low of 232.75. The net turnover during the day was Rs. 1626354.00.

Source : Equity Bulls

Keywords

PremierExplosives Q2FY22 H1FY22 ResultUpdate