Stock Report

Investment and Precision Castings Ltd posts consolidated loss of Rs. 56.03 lakhs in Q2FY22



Posted On : 2021-11-04 15:07:45( TIMEZONE : IST )

Investment and Precision Castings Ltd posts consolidated loss of Rs. 56.03 lakhs in Q2FY22

INVESTMENT & PRECISION CASTINGS 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. 32.7826 crores during the period ended September 30, 2021 as compared to Rs. 31.9364 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -0.5603 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 1.7893 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -1.12 for the period ended September 30, 2021 as compared to Rs. 3.58 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 32.7826 crs ₹31.9364 crs Up Tick / Down Tick2.65%
Net Profit ₹-0.5603 crs ₹1.7893 crs Up Tick / Down Tick-131.31%
EPS ₹-1.12 ₹3.58 Up Tick / Down Tick-131.28%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 32.7826 crores during the period ended September 30, 2021 as compared to Rs.26.3813 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-0.5603 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.7671 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-1.12 for the period ended September 30, 2021 as compared to Rs.-1.53 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 32.7826 crs ₹26.3813 crs Up Tick / Down Tick24.26%
Net Profit ₹-0.5603 crs ₹-0.7671 crs Up Tick / Down Tick26.96%
EPS ₹-1.12 ₹-1.53 Up Tick / Down Tick26.80%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.64.7189 crores during the 6 Months period ended September 30, 2021 as compared to Rs.34.0985 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.2291 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-4.6238 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.2.46 for the 6 Months period ended September 30, 2021 as compared to Rs.-9.25 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹64.7189 crs ₹34.0985 crs Up Tick / Down Tick89.80%
Net Profit ₹1.2291 crs ₹-4.6238 crs Up Tick / Down Tick126.58%
EPS ₹2.46 ₹-9.25 Up Tick / Down Tick126.59%

Shares of INVESTMENT & PRECISION CASTINGS LTD. was last trading in BSE at Rs. 297.60 as compared to the previous close of Rs. 293.80. The total number of shares traded during the day was 2244 in over 35 trades.

The stock hit an intraday high of Rs. 302.95 and intraday low of 290.00. The net turnover during the day was Rs. 663786.00.

Source : Equity Bulls

Keywords

InvestmentandPrecisionCastings Q2FY22 H1FY22 ResultUpdate