Mawana Sugars Ltd Q2FY22 consolidated loss at Rs. 18.05 crore

The Board of Directors of Mawana Sugars Limited, at its meeting held today have approved the unaudited Consolidated 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 ₹ 336.438 crore, against ₹369.676 crore in the corresponding quarter of the previous year (YoY) and ₹361.209 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-18.050 crore, against ₹-28.581 crore in the corresponding quarter of the previous year (YoY) and ₹-2.033 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-4.61, against ₹-7.31 in the corresponding quarter of the previous year (YoY) and ₹-0.52 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 336.438 crs	₹361.209 crs	-6.86%	₹369.676 crs	-8.99%
Net Profit	₹-18.050 crs	₹-2.033 crs	787.85%	₹-28.581 crs	36.85 %
EPS	₹-4.61	₹-0.52	786.54%	₹-7.31	36.94%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹697.647 crore, against ₹771.113 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-20.084 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-32.773 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-5.13 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-8.38 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹697.647 crs	₹771.113 crs	-9.53%
Net Profit	₹-20.084 crs	₹-32.773 crs	38.72%
EPS	₹-5.13	₹-8.38	38.78%

Shares of Mawana Sugars Limited was last trading in BSE at Rs. 85.65 as compared to the previous close of Rs. 87.40. The total number of shares traded during the day was 15091 in over 260 trades.

The stock hit an intraday high of Rs. 88.70 and intraday low of 84.00. The net turnover during the day was Rs. 1289976.00.

Source : Equity Bulls

Keywords

MawanaSugars Q2FY22 H1FY22 ResultUpdate