Stock Report

Deepak Spinners Ltd Q2FY22 net profit jumps to Rs. 11.54 crore



Posted On : 2021-11-12 21:52:23( TIMEZONE : IST )

Deepak Spinners Ltd Q2FY22 net profit jumps to Rs. 11.54 crore

DEEPAK SPINNERS LTD. 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. 160.50 crores during the period ended September 30, 2021 as compared to Rs. 82.70 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 11.54 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 5.22 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 16.05 for the period ended September 30, 2021 as compared to Rs. 7.26 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 160.50 crs ₹82.70 crs Up Tick / Down Tick94.07%
Net Profit ₹11.54 crs ₹5.22 crs Up Tick / Down Tick121.07%
EPS ₹16.05 ₹7.26 Up Tick / Down Tick121.07%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 160.50 crores during the period ended September 30, 2021 as compared to Rs.123.14 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.11.54 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.4.29 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.16.05 for the period ended September 30, 2021 as compared to Rs.5.97 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 160.50 crs ₹123.14 crs Up Tick / Down Tick30.34%
Net Profit ₹11.54 crs ₹4.29 crs Up Tick / Down Tick169.00%
EPS ₹16.05 ₹5.97 Up Tick / Down Tick168.84%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.243.20 crores during the 6 Months period ended September 30, 2021 as compared to Rs.166.66 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.16.76 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-3.01 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.23.31 for the 6 Months period ended September 30, 2021 as compared to Rs.-4.18 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹243.20 crs ₹166.66 crs Up Tick / Down Tick45.93%
Net Profit ₹16.76 crs ₹-3.01 crs Up Tick / Down Tick656.81%
EPS ₹23.31 ₹-4.18 Up Tick / Down Tick657.66%

Shares of DEEPAK SPINNERS LTD. was last trading in BSE at Rs. 270.35 as compared to the previous close of Rs. 284.15. The total number of shares traded during the day was 18787 in over 429 trades.

The stock hit an intraday high of Rs. 289.80 and intraday low of 265.30. The net turnover during the day was Rs. 5137596.00.

Source : Equity Bulls

Keywords

DeepakSpinners Q2FY22 H1FY22 ResultUpdate