Gujarat Raffia Industries Ltd Q2FY22 net profit at Rs. 40.16 lakhs

The Board of Directors of Gujarat Raffia Industries Limited, at its meeting held today have approved the unaudited Standalone 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 ₹ 10.3255 crore, against ₹9.4733 crore in the corresponding quarter of the previous year (YoY) and ₹9.4682 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.4016 crore, against ₹0.1809 crore in the corresponding quarter of the previous year (YoY) and ₹0.3204 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.74, against ₹0.33 in the corresponding quarter of the previous year (YoY) and ₹0.59 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 10.3255 crs	₹9.4682 crs	9.05%	₹9.4733 crs	9.00%
Net Profit	₹0.4016 crs	₹0.3204 crs	25.34%	₹0.1809 crs	122.00 %
EPS	₹0.74	₹0.59	25.42%	₹0.33	124.24%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹19.7937 crore, against ₹21.3568 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.7220 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.4349 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹1.34 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.80 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹19.7937 crs	₹21.3568 crs	-7.32%
Net Profit	₹0.7220 crs	₹0.4349 crs	66.02%
EPS	₹1.34	₹0.80	67.50%

Shares of Gujarat Raffia Industries Limited was last trading in BSE at Rs. 35.00 as compared to the previous close of Rs. 34.50. The total number of shares traded during the day was 2094 in over 22 trades.

The stock hit an intraday high of Rs. 35.95 and intraday low of 33.80. The net turnover during the day was Rs. 73878.00.

Source : Equity Bulls

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GujaratRaffiaIndustries Q2FY22 H1FY22 ResultUpdate