The Lakshmi Mills Company Ltd Q2FY22 net profit at Rs. 8.29 crore

The Board of Directors of LAKSHMI MILLS COMPANY 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 ₹ 94.2803 crore, against ₹37.1459 crore in the corresponding quarter of the previous year (YoY) and ₹71.2171 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹8.2987 crore, against ₹-3.2632 crore in the corresponding quarter of the previous year (YoY) and ₹4.5038 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹119.31, against ₹-46.92 in the corresponding quarter of the previous year (YoY) and ₹64.75 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 94.2803 crs	₹71.2171 crs	32.38%	₹37.1459 crs	153.81%
Net Profit	₹8.2987 crs	₹4.5038 crs	84.26%	₹-3.2632 crs	354.31 %
EPS	₹119.31	₹64.75	84.26%	₹-46.92	354.28%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹165.4974 crore, against ₹45.4562 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹12.8025 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-7.3354 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹184.06 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-105.46 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹165.4974 crs	₹45.4562 crs	264.08%
Net Profit	₹12.8025 crs	₹-7.3354 crs	274.53%
EPS	₹184.06	₹-105.46	274.53%

Shares of LAKSHMI MILLS COMPANY LTD. was last trading in BSE at Rs. 3991.10 as compared to the previous close of Rs. 3701.25. The total number of shares traded during the day was 1145 in over 264 trades.

The stock hit an intraday high of Rs. 4063.00 and intraday low of 3769.95. The net turnover during the day was Rs. 4524057.00.

Source : Equity Bulls

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TheLakshmiMillsCompany Q2FY22 H1FY22 ResultUpdate