Stock Report

Garware Technical Fibres Ltd posts consolidated Q2FY22 net profit of Rs. 40.89 crore



Posted On : 2021-11-13 15:43:58( TIMEZONE : IST )

Garware Technical Fibres Ltd posts consolidated Q2FY22 net profit of Rs. 40.89 crore

Garware Technical Fibres 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. 291.7145 crores during the period ended September 30, 2021 as compared to Rs. 249.1513 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 40.8917 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 31.9357 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 19.83 for the period ended September 30, 2021 as compared to Rs. 15.49 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 291.7145 crs ₹249.1513 crs Up Tick / Down Tick17.08%
Net Profit ₹40.8917 crs ₹31.9357 crs Up Tick / Down Tick28.04%
EPS ₹19.83 ₹15.49 Up Tick / Down Tick28.02%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 291.7145 crores during the period ended September 30, 2021 as compared to Rs.276.5684 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.40.8917 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.44.3465 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.19.83 for the period ended September 30, 2021 as compared to Rs.20.54 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 291.7145 crs ₹276.5684 crs Up Tick / Down Tick5.48%
Net Profit ₹40.8917 crs ₹44.3465 crs Up Tick / Down Tick-7.79%
EPS ₹19.83 ₹20.54 Up Tick / Down Tick-3.46%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.540.8658 crores during the 6 Months period ended September 30, 2021 as compared to Rs.440.4690 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.72.8274 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.62.0270 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.35.32 for the 6 Months period ended September 30, 2021 as compared to Rs.28.73 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹540.8658 crs ₹440.4690 crs Up Tick / Down Tick22.79%
Net Profit ₹72.8274 crs ₹62.0270 crs Up Tick / Down Tick17.41%
EPS ₹35.32 ₹28.73 Up Tick / Down Tick22.94%

Shares of Garware Technical Fibres Limited was last trading in BSE at Rs. 3460.40 as compared to the previous close of Rs. 3595.40. The total number of shares traded during the day was 1362 in over 675 trades.

The stock hit an intraday high of Rs. 3585.35 and intraday low of 3442.65. The net turnover during the day was Rs. 4792906.00.

Source : Equity Bulls

Keywords

GarwareTechnicalFibres Q2FY22 H1FY22 ResultUpdate