Tera Software Ltd Q2FY22 loss widens to Rs. 1.07 crore

The Board of Directors of Tera Software Limited, 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 ₹ 27.0567 crore, against ₹55.1524 crore in the corresponding quarter of the previous year (YoY) and ₹24.6283 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-1.0759 crore, against ₹0.1191 crore in the corresponding quarter of the previous year (YoY) and ₹-0.7048 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.86, against ₹0.10 in the corresponding quarter of the previous year (YoY) and ₹-0.56 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 27.0567 crs	₹24.6283 crs	9.86%	₹55.1524 crs	-50.94%
Net Profit	₹-1.0759 crs	₹-0.7048 crs	52.65%	₹0.1191 crs	-1,003.36 %
EPS	₹-0.86	₹-0.56	53.57%	₹0.10	-960.00%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹51.6850 crore, against ₹71.0060 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-1.7807 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-1.1184 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-1.42 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-0.89 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹51.6850 crs	₹71.0060 crs	-27.21%
Net Profit	₹-1.7807 crs	₹-1.1184 crs	59.22%
EPS	₹-1.42	₹-0.89	59.55%

Shares of Tera Software Limited was last trading in BSE at Rs. 53.35 as compared to the previous close of Rs. 53.85. The total number of shares traded during the day was 7056 in over 96 trades.

The stock hit an intraday high of Rs. 54.50 and intraday low of 52.35. The net turnover during the day was Rs. 375206.00.

Source : Equity Bulls

Keywords

TeraSoftware Q2FY22 H1FY22 ResultUpdate