Stock Report

Varroc Engineering Ltd Q2FY22 consolidated loss at Rs. 298.27 crore



Posted On : 2021-11-12 15:55:56( TIMEZONE : IST )

Varroc Engineering Ltd Q2FY22 consolidated loss at Rs. 298.27 crore

Varroc Engineering Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 3042.476 crores during the period ended September 30, 2021 as compared to Rs. 2956.958 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -298.279 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -230.285 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. -19.52 for the period ended September 30, 2021 as compared to Rs. -15.07 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 3042.476 crs ₹2956.958 crs Up Tick / Down Tick2.89%
Net Profit ₹-298.279 crs ₹-230.285 crs Up Tick / Down Tick29.53%
EPS ₹-19.52 ₹-15.07 Up Tick / Down Tick29.53%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 3042.476 crores during the period ended September 30, 2021 as compared to Rs.2939.303 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-298.279 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-40.063 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.-19.52 for the period ended September 30, 2021 as compared to Rs.-2.97 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 3042.476 crs ₹2939.303 crs Up Tick / Down Tick3.51%
Net Profit ₹-298.279 crs ₹-40.063 crs Up Tick / Down Tick644.52%
EPS ₹-19.52 ₹-2.97 Up Tick / Down Tick557.24%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.5999.434 crores during the 6 Months period ended September 30, 2021 as compared to Rs.4263.997 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-528.564 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-347.781 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-34.59 for the 6 Months period ended September 30, 2021 as compared to Rs.-25.80 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹5999.434 crs ₹4263.997 crs Up Tick / Down Tick40.70%
Net Profit ₹-528.564 crs ₹-347.781 crs Up Tick / Down Tick51.98%
EPS ₹-34.59 ₹-25.80 Up Tick / Down Tick34.07%

Shares of Varroc Engineering Limited was last trading in BSE at Rs. 284.85 as compared to the previous close of Rs. 286.40. The total number of shares traded during the day was 8021 in over 426 trades.

The stock hit an intraday high of Rs. 289.45 and intraday low of 283.75. The net turnover during the day was Rs. 2289273.00.

Source : Equity Bulls

Keywords

VarrocEngineering Q2FY22 H1FY22 ResultUpdate