Virat Industries Ltd posts net profit of Rs. 59.59 lakhs in Q2FY22

The Board of Directors of VIRAT INDUSTRIES 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 ₹7.5290 crore, against ₹5.5598 crore in the corresponding quarter of the previous year (YoY) and ₹3.3031 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.5959 crore, against ₹0.6002 crore in the corresponding quarter of the previous year (YoY) and ₹-0.0199 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.22, against ₹1.23 in the corresponding quarter of the previous year (YoY) and ₹-0.03 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹7.5290 crs	₹3.3031 crs	127.94%	₹5.5598 crs	35.42%
Net Profit	₹0.5959 crs	₹-0.0199 crs	3,094.47%	₹0.6002 crs	-0.72 %
EPS	₹1.22	₹-0.03	4,166.67%	₹1.23	-0.81%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹10.8321 crore, against ₹8.4188 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.5761 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹0.3773 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹1.20 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.79 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹10.8321 crs	₹8.4188 crs	28.67%
Net Profit	₹0.5761 crs	₹0.3773 crs	52.69%
EPS	₹1.20	₹0.79	51.90%

Shares of VIRAT INDUSTRIES LTD. was last trading in BSE at Rs. 66.25 as compared to the previous close of Rs. 64.35. The total number of shares traded during the day was 3108 in over 43 trades.

The stock hit an intraday high of Rs. 70.00 and intraday low of 62.55. The net turnover during the day was Rs. 204561.00.

Source : Equity Bulls

Keywords

ViratIndustries Q2FY22 H1FY22 ResultUpdate