Stock Report

Shree Steel Wire Ropes Ltd Q2FY22 loss at Rs. 0.86 lakh

Posted On : 2021-11-06 10:09:40( TIMEZONE : IST )

The Board of Directors of SHREE STEEL WIRE ROPES 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 ₹ 4.2328 crore, against ₹4.9313 crore in the corresponding quarter of the previous year (YoY) and ₹2.5382 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-0.0086 crore, against ₹0.5413 crore in the corresponding quarter of the previous year (YoY) and ₹-0.1218 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.03, against ₹1.63 in the corresponding quarter of the previous year (YoY) and ₹-0.37 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 4.2328 crs	₹2.5382 crs	66.76%	₹4.9313 crs	-14.16%
Net Profit	₹-0.0086 crs	₹-0.1218 crs	92.94%	₹0.5413 crs	-101.59 %
EPS	₹-0.03	₹-0.37	91.89%	₹1.63	-101.84%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹6.7710 crore, against ₹6.1314 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-0.1304 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.3236 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-0.39 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.98 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹6.7710 crs	₹6.1314 crs	10.43%
Net Profit	₹-0.1304 crs	₹0.3236 crs	-140.30%
EPS	₹-0.39	₹0.98	-139.80%

Shares of SHREE STEEL WIRE ROPES LTD. was last trading in BSE at Rs. 24.30 as compared to the previous close of Rs. 26.05. The total number of shares traded during the day was 7791 in over 57 trades.

The stock hit an intraday high of Rs. 27.25 and intraday low of 21.25. The net turnover during the day was Rs. 185855.00.