Stock Report

Mitsu Chem Plast Ltd Q2FY22 net profit slips to Rs. 2.45 crore



Posted On : 2021-11-06 13:11:19( TIMEZONE : IST )

Mitsu Chem Plast Ltd Q2FY22 net profit slips to Rs. 2.45 crore

Mitsu Chem Plast Ltd 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. 57.8781 crores during the period ended September 30, 2021 as compared to Rs. 59.7936 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 2.4588 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 3.6898 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 2.03 for the period ended September 30, 2021 as compared to Rs. 3.06 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹57.8781 crs ₹59.7936 crs Up Tick / Down Tick-3.20%
Net Profit ₹2.4588 crs ₹3.6898 crs Up Tick / Down Tick-33.36%
EPS ₹2.03 ₹3.06 Up Tick / Down Tick-33.66%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs.57.8781 crores during the period ended September 30, 2021 as compared to Rs.45.1667 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.2.4588 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.3.1882 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.2.03 for the period ended September 30, 2021 as compared to Rs.2.64 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹57.8781 crs ₹45.1667 crs Up Tick / Down Tick28.14%
Net Profit ₹2.4588 crs ₹3.1882 crs Up Tick / Down Tick-22.88%
EPS ₹2.03 ₹2.64 Up Tick / Down Tick-23.11%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.117.6717 crores during the 6 Months period ended September 30, 2021 as compared to Rs.78.0046 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.6.1486 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.4.9950 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.5.09 for the 6 Months period ended September 30, 2021 as compared to Rs.4.14 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹117.6717 crs ₹78.0046 crs Up Tick / Down Tick50.85%
Net Profit ₹6.1486 crs ₹4.9950 crs Up Tick / Down Tick23.10%
EPS ₹5.09 ₹4.14 Up Tick / Down Tick22.95%

Shares of Mitsu Chem Plast Ltd was last trading in BSE at Rs. 244.80 as compared to the previous close of Rs. 235.45. The total number of shares traded during the day was 8898 in over 176 trades.

The stock hit an intraday high of Rs. 249.75 and intraday low of 239.05. The net turnover during the day was Rs. 2168554.00.

Source : Equity Bulls

Keywords

MitsuChemPlast Q2FY22 H1FY22 ResultUpdate