IVP Ltd Q2FY22 PAT surges to Rs. 3.69 crore

IVP Limited 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. 149.67 crores during the period ended September 30, 2021 as compared to Rs. 78.39 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 3.69 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.28 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 3.57 for the period ended September 30, 2021 as compared to Rs. 0.27 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 149.67 crs	₹78.39 crs	90.93%
Net Profit	₹3.69 crs	₹0.28 crs	1,217.86%
EPS	₹3.57	₹0.27	1,222.22%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 149.67 crores during the period ended September 30, 2021 as compared to Rs.61.56 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.69 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.36 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.3.57 for the period ended September 30, 2021 as compared to Rs.0.35 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 149.67 crs	₹61.56 crs	143.13%
Net Profit	₹3.69 crs	₹0.36 crs	925.00%
EPS	₹3.57	₹0.35	920.00%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.228.06 crores during the 6 Months period ended September 30, 2021 as compared to Rs.82.50 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.3.97 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-3.57 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.3.84 for the 6 Months period ended September 30, 2021 as compared to Rs.-3.45 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹228.06 crs	₹82.50 crs	176.44%
Net Profit	₹3.97 crs	₹-3.57 crs	211.20%
EPS	₹3.84	₹-3.45	211.30%

Shares of IVP Limited was last trading in BSE at Rs. 126.65 as compared to the previous close of Rs. 129.15. The total number of shares traded during the day was 2393 in over 79 trades.

The stock hit an intraday high of Rs. 133.45 and intraday low of 123.10. The net turnover during the day was Rs. 307814.00.

Source : Equity Bulls

Keywords

IVP Q2FY22 H1FY22 ResultUpdate