Stock Report

Remi Edelstahl Tubulars Ltd Q2FY22 net profit at Rs. 4.65 lakhs

Posted On : 2021-11-10 20:38:04( TIMEZONE : IST )

The Board of Directors of Remi Edelstahl Tubulars 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 ₹ 18.5237 crore, against ₹20.7486 crore in the corresponding quarter of the previous year (YoY) and ₹16.9929 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.0465 crore, against ₹-0.5677 crore in the corresponding quarter of the previous year (YoY) and ₹0.1295 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.04, against ₹-0.52 in the corresponding quarter of the previous year (YoY) and ₹0.12 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 18.5237 crs	₹16.9929 crs	9.01%	₹20.7486 crs	-10.72%
Net Profit	₹0.0465 crs	₹0.1295 crs	-64.09%	₹-0.5677 crs	108.19 %
EPS	₹0.04	₹0.12	-66.67%	₹-0.52	107.69%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹35.5166 crore, against ₹28.1763 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.1760 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.2246 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.16 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.12 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹35.5166 crs	₹28.1763 crs	26.05%
Net Profit	₹0.1760 crs	₹-1.2246 crs	114.37%
EPS	₹0.16	₹-1.12	114.29%

Shares of Remi Edelstahl Tubulars Limited was last trading in BSE at Rs. 30.30 as compared to the previous close of Rs. 28.90. The total number of shares traded during the day was 5801 in over 25 trades.

The stock hit an intraday high of Rs. 30.30 and intraday low of 28.00. The net turnover during the day was Rs. 174505.00.