Salem Erode Investments Ltd posts Rs. 31.54 lakhs profit in Q2 FY2021-22

The Board of Directors of , 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 ₹ 0.7512 crore, against ₹0.5848 crore in the corresponding quarter of the previous year (YoY) and ₹0.7206 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.3154 crore, against ₹0.3945 crore in the corresponding quarter of the previous year (YoY) and ₹0.2923 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.28, against ₹0.34 in the corresponding quarter of the previous year (YoY) and ₹0.25 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 0.7512 crs	₹0.7206 crs	4.25%	₹0.5848 crs	28.45%
Net Profit	₹0.3154 crs	₹0.2923 crs	7.90%	₹0.3945 crs	-20.05 %
EPS	₹0.28	₹0.25	12.00%	₹0.34	-17.65%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1.4717 crore, against ₹1.2074 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.6076 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.6571 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.53 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.57 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1.4717 crs	₹1.2074 crs	21.89%
Net Profit	₹0.6076 crs	₹0.6571 crs	-7.53%
EPS	₹0.53	₹0.57	-7.02%

Source : Equity Bulls

Keywords

SalemErodeInvestments Q2FY22 H1FY22 ResultUpdate