Stock Report

HB Estate Developers Ltd Q2FY22 consolidated loss at Rs. 5.06 crore

Posted On : 2021-11-08 17:12:46( TIMEZONE : IST )

The Board of Directors of HB ESTATE DEVELOPERS LTD., at its meeting held today have approved the unaudited Consolidated 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 ₹ 12.1196 crore, against ₹4.9249 crore in the corresponding quarter of the previous year (YoY) and ₹ 5.5878 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-5.06 crore, against ₹-7.7812 crore in the corresponding quarter of the previous year (YoY) and ₹-6.7265 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-2.60, against ₹-4 in the corresponding quarter of the previous year (YoY) and ₹-3.46 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 12.1196 crs	₹ 5.5878 crs	116.89%	₹4.9249 crs	146.09%
Net Profit	₹-5.06 crs	₹-6.7265 crs	24.78%	₹-7.7812 crs	34.97 %
EPS	₹-2.60	₹-3.46	24.86%	₹-4	35.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹17.7074 crore, against ₹6.7286 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-11.7865 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-17.2988 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-6.06 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-8.89 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹17.7074 crs	₹6.7286 crs	163.17%
Net Profit	₹-11.7865 crs	₹-17.2988 crs	31.87%
EPS	₹-6.06	₹-8.89	31.83%

Shares of HB ESTATE DEVELOPERS LTD. was last trading in BSE at Rs. 13.60 as compared to the previous close of Rs. 13.93. The total number of shares traded during the day was 570 in over 25 trades.

The stock hit an intraday high of Rs. 14.49 and intraday low of 13.26. The net turnover during the day was Rs. 7624.00.