Stock Report

SNL Bearings Ltd Q2FY22 net profit rises to Rs. 3.03 crore



Posted On : 2021-11-09 22:23:31( TIMEZONE : IST )

SNL Bearings Ltd Q2FY22 net profit rises to Rs. 3.03 crore

SNL BEARINGS 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. 12.72 crores during the period ended September 30, 2021 as compared to Rs. 10.43 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 3.03 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 2.02 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 8.39 for the period ended September 30, 2021 as compared to Rs. 5.59 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 12.72 crs ₹10.43 crs Up Tick / Down Tick21.96%
Net Profit ₹3.03 crs ₹2.02 crs Up Tick / Down Tick50.00%
EPS ₹8.39 ₹5.59 Up Tick / Down Tick50.09%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 12.72 crores during the period ended September 30, 2021 as compared to Rs.9.03 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.03 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.1.52 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.8.39 for the period ended September 30, 2021 as compared to Rs.4.21 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 12.72 crs ₹9.03 crs Up Tick / Down Tick40.86%
Net Profit ₹3.03 crs ₹1.52 crs Up Tick / Down Tick99.34%
EPS ₹8.39 ₹4.21 Up Tick / Down Tick99.29%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.23.15 crores during the 6 Months period ended September 30, 2021 as compared to Rs.12.16 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.5.05 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.82 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.13.99 for the 6 Months period ended September 30, 2021 as compared to Rs.2.27 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹23.15 crs ₹12.16 crs Up Tick / Down Tick90.38%
Net Profit ₹5.05 crs ₹0.82 crs Up Tick / Down Tick515.85%
EPS ₹13.99 ₹2.27 Up Tick / Down Tick516.30%

Shares of SNL BEARINGS LTD. was last trading in BSE at Rs. 246.25 as compared to the previous close of Rs. 231.00. The total number of shares traded during the day was 4712 in over 149 trades.

The stock hit an intraday high of Rs. 249.95 and intraday low of 230.20. The net turnover during the day was Rs. 1134302.00.

Source : Equity Bulls

Keywords

SNLBearings Q2FY22 H1FY22 ResultUpdate