GlobalSpace Technologies Ltd announces Q2FY22 results

GlobalSpace Technologies Limited (BSE Code: 540654), one of the leading HealthTech and EduTech digital platform provider, has announced results for quarter and half year ended September 30, 2021.

On Consolidated basis for the Q2 FY2021-22

PAT: INR 28.91 Lakhs
Revenues: INR 298.66 Lakhs

Commenting on the Company's performance for Q2 FY21-22, Mr. Krishna Singh, Founder & CMD said, There is a dip in turnover because of strategic shift in the focused segment of business & moving out from the non-strategic business. This would help the company in long-term value creation. As disclosed earlier in next 2 quarters we would be bouncing back with much stronger & profitable numbers. As a group we are focused on health tech and edutech segments. The silver lining for this quarter is that we have reached brake even point in our edutech vertical Makebot with 394% growth on top line vis corresponding period of FY 20.

Shares of Globalspace Technologies Ltd was last trading in BSE at Rs. 52.85 as compared to the previous close of Rs. 55.95. The total number of shares traded during the day was 31413 in over 267 trades.

The stock hit an intraday high of Rs. 56.50 and intraday low of 49.00. The net turnover during the day was Rs. 1654571.00.

Source : Equity Bulls

Keywords

GlobalspaceTechnologiesLtd INE632W01016 ITConsulting Software Q2FY22 ResultUpdate