Stock Report

Orient Abrasives Ltd posts Rs. 1.44 crore profit in Q2 FY2021-22



Posted On : 2021-11-05 21:30:10( TIMEZONE : IST )

Orient Abrasives Ltd posts Rs. 1.44 crore profit in Q2 FY2021-22

Orient Abrasives Limited 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. 72.4757 crores during the period ended September 30, 2021 as compared to Rs. 74.0563 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 1.4434 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 2.2317 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.12 for the period ended September 30, 2021 as compared to Rs. 0.19 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 72.4757 crs ₹74.0563 crs Up Tick / Down Tick-2.13%
Net Profit ₹1.4434 crs ₹2.2317 crs Up Tick / Down Tick-35.32%
EPS ₹0.12 ₹0.19 Up Tick / Down Tick-36.84%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 72.4757 crores during the period ended September 30, 2021 as compared to Rs.67.5941 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.4434 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.2.3180 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.12 for the period ended September 30, 2021 as compared to Rs.0.19 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 72.4757 crs ₹67.5941 crs Up Tick / Down Tick7.22%
Net Profit ₹1.4434 crs ₹2.3180 crs Up Tick / Down Tick-37.73%
EPS ₹0.12 ₹0.19 Up Tick / Down Tick-36.84%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.146.5320 crores during the 6 Months period ended September 30, 2021 as compared to Rs.129.5431 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.6751 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.4.4792 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.0.31 for the 6 Months period ended September 30, 2021 as compared to Rs.0.37 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹146.5320 crs ₹129.5431 crs Up Tick / Down Tick13.11%
Net Profit ₹3.6751 crs ₹4.4792 crs Up Tick / Down Tick-17.95%
EPS ₹0.31 ₹0.37 Up Tick / Down Tick-16.22%

Shares of Orient Abrasives Limited was last trading in BSE at Rs. 28.10 as compared to the previous close of Rs. 27.75. The total number of shares traded during the day was 4769 in over 127 trades.

The stock hit an intraday high of Rs. 28.30 and intraday low of 28.00. The net turnover during the day was Rs. 134020.00.

Source : Equity Bulls

Keywords

OrientAbrasives Q2FY22 H1FY22 ResultUpdate