Ashnoor Textile Mills Ltd Q2FY22 net profit climbs to Rs. 2.55 crore

The Board of Directors of ASHNOOR TEXTILE MILLS 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 ₹ 63.1567 crore, against ₹16.6332 crore in the corresponding quarter of the previous year (YoY) and ₹48.9505 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.5580 crore, against ₹1.3035 crore in the corresponding quarter of the previous year (YoY) and ₹2.3847 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.01, against ₹1.02 in the corresponding quarter of the previous year (YoY) and ₹1.87 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 63.1567 crs	₹48.9505 crs	29.02%	₹16.6332 crs	279.70%
Net Profit	₹2.5580 crs	₹2.3847 crs	7.27%	₹1.3035 crs	96.24 %
EPS	₹2.01	₹1.87	7.49%	₹1.02	97.06%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹112.1072 crore, against ₹32.8060 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹4.9427 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.9567 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹3.88 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.54 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹112.1072 crs	₹32.8060 crs	241.73%
Net Profit	₹4.9427 crs	₹1.9567 crs	152.60%
EPS	₹3.88	₹1.54	151.95%

Shares of ASHNOOR TEXTILE MILLS LTD. was last trading in BSE at Rs. 52.00 as compared to the previous close of Rs. 52.20. The total number of shares traded during the day was 909 in over 30 trades.

The stock hit an intraday high of Rs. 53.25 and intraday low of 50.60. The net turnover during the day was Rs. 47513.00.

Source : Equity Bulls

Keywords

AshnoorTextileMills Q2FY22 H1FY22 ResultUpdate