CARE Ratings Ltd posts consolidated profit of Rs. 26.61 crore in Q2FY22

The Board of Directors of CARE Ratings 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 ₹ 82.2854 crore, against ₹83.8742 crore in the corresponding quarter of the previous year (YoY) and ₹56.5218 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹26.6174 crore, against ₹35.4626 crore in the corresponding quarter of the previous year (YoY) and ₹11.0423 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹8.63, against ₹12.04 in the corresponding quarter of the previous year (YoY) and ₹3.65 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 82.2854 crs	₹56.5218 crs	45.58%	₹83.8742 crs	-1.89%
Net Profit	₹26.6174 crs	₹11.0423 crs	141.05%	₹35.4626 crs	-24.94 %
EPS	₹8.63	₹3.65	136.44%	₹12.04	-28.32%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹138.8072 crore, against ₹130.7673 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹37.66 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹44.8107 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹12.52 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹15.21 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹138.8072 crs	₹130.7673 crs	6.15%
Net Profit	₹37.66 crs	₹44.8107 crs	-15.96%
EPS	₹12.52	₹15.21	-17.69%

Shares of CARE Ratings Limited was last trading in BSE at Rs. 668.55 as compared to the previous close of Rs. 665.00. The total number of shares traded during the day was 4951 in over 578 trades.

The stock hit an intraday high of Rs. 674.25 and intraday low of 664.30. The net turnover during the day was Rs. 3315216.00.

Source : Equity Bulls

Keywords

CARERatings Q2FY22 H1FY22 ResultUpdate