Veljan Denison Ltd Q2FY22 net profit rises to Rs. 5.04 crore

The Board of Directors of Veljan Denison 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 ₹ 26.6780 crore, against ₹17.7465 crore in the corresponding quarter of the previous year (YoY) and ₹17.4635 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹5.0456 crore, against ₹2.1447 crore in the corresponding quarter of the previous year (YoY) and ₹1.6610 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹22.42, against ₹9.53 in the corresponding quarter of the previous year (YoY) and ₹7.38 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 26.6780 crs	₹17.4635 crs	52.76%	₹17.7465 crs	50.33%
Net Profit	₹5.0456 crs	₹1.6610 crs	203.77%	₹2.1447 crs	135.26 %
EPS	₹22.42	₹7.38	203.79%	₹9.53	135.26%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹44.1415 crore, against ₹27.6749 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹6.7065 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.4572 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹29.81 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹6.48 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹44.1415 crs	₹27.6749 crs	59.50%
Net Profit	₹6.7065 crs	₹1.4572 crs	360.23%
EPS	₹29.81	₹6.48	360.03%

Shares of Veljan Denison Limited was last trading in BSE at Rs. 1012.80 as compared to the previous close of Rs. 1009.00. The total number of shares traded during the day was 66 in over 12 trades.

The stock hit an intraday high of Rs. 1025.00 and intraday low of 995.00. The net turnover during the day was Rs. 67044.00.

Source : Equity Bulls

Keywords

VeljanDenison Q2FY22 H1FY22 ResultUpdate