Margo Finance Ltd Q2FY22 net profit at Rs. 16.21 lakhs

The Board of Directors of Margo Finance 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 ₹ 0.3065 crore, against ₹0.1983 crore in the corresponding quarter of the previous year (YoY) and ₹0.0781 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.1621 crore, against ₹0.0962 crore in the corresponding quarter of the previous year (YoY) and ₹-0.0707 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹ 0.35, against ₹0.21 in the corresponding quarter of the previous year (YoY) and ₹-0.15 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 0.3065 crs	₹0.0781 crs	292.45%	₹0.1983 crs	54.56%
Net Profit	₹0.1621 crs	₹-0.0707 crs	329.28%	₹0.0962 crs	68.50 %
EPS	₹ 0.35	₹-0.15	333.33%	₹0.21	66.67%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹0.3846 crore, against ₹0.2500 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.0914 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.0880 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.20 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.19 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹0.3846 crs	₹0.2500 crs	53.84%
Net Profit	₹0.0914 crs	₹0.0880 crs	3.86%
EPS	₹0.20	₹0.19	5.26%

Shares of Margo Finance Limited was last trading in BSE at Rs. 21.80 as compared to the previous close of Rs. 20.80. The total number of shares traded during the day was 2836 in over 14 trades.

The stock hit an intraday high of Rs. 21.80 and intraday low of 20.80. The net turnover during the day was Rs. 61816.00.

Source : Equity Bulls

Keywords

MargoFinance Q2FY22 H1FY22 ResultUpdate