AMCO India Ltd reports profit of Rs. 1.32 crore in Q2 FY2021-22

The Board of Directors of AMCO INDIA LTD., 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 ₹ 42.9540 crore, against ₹22.2781 crore in the corresponding quarter of the previous year (YoY) and ₹39.7764 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.3272 crore, against ₹0.3845 crore in the corresponding quarter of the previous year (YoY) and ₹0.6874 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹3.23, against ₹0.94 in the corresponding quarter of the previous year (YoY) and ₹1.67 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 42.9540 crs	₹39.7764 crs	7.99%	₹22.2781 crs	92.81%
Net Profit	₹1.3272 crs	₹0.6874 crs	93.08%	₹0.3845 crs	245.18 %
EPS	₹3.23	₹1.67	93.41%	₹0.94	243.62%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹82.7304 crore, against ₹34.4867 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.0146 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.5686 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹4.90 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.38 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹82.7304 crs	₹34.4867 crs	139.89%
Net Profit	₹2.0146 crs	₹0.5686 crs	254.31%
EPS	₹4.90	₹1.38	255.07%

Shares of AMCO INDIA LTD. was last trading in BSE at Rs. 69.50 as compared to the previous close of Rs. 64.10. The total number of shares traded during the day was 21824 in over 255 trades.

The stock hit an intraday high of Rs. 70.50 and intraday low of 65.05. The net turnover during the day was Rs. 1478736.00.

Source : Equity Bulls

Keywords

AMCOIndia Q2FY22 H1FY22 ResultUpdate