Gini Silk Mills Ltd Q2 PAT at Rs. 30.90 lakhs in FY22

The Board of Directors of GINI SILK MILLS LTD., 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 ₹ 7.9389 crore, against ₹4.1246 crore in the corresponding quarter of the previous year (YoY) and ₹5.0546 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.3090 crore, against ₹0.1192 crore in the corresponding quarter of the previous year (YoY) and ₹-0.1230 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.55, against ₹0.21 in the corresponding quarter of the previous year (YoY) and ₹-0.22 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 7.9389 crs	₹5.0546 crs	57.06%	₹4.1246 crs	92.48%
Net Profit	₹0.3090 crs	₹-0.1230 crs	351.22%	₹0.1192 crs	159.23 %
EPS	₹0.55	₹-0.22	350.00%	₹0.21	161.90%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹12.9935 crore, against ₹5.7656 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹0.1860 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.7307 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.33 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.31 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹12.9935 crs	₹5.7656 crs	125.36%
Net Profit	₹0.1860 crs	₹-0.7307 crs	125.46%
EPS	₹0.33	₹-1.31	125.19%

Shares of GINI SILK MILLS LTD. was last trading in BSE at Rs. 49.65 as compared to the previous close of Rs. 50.85. The total number of shares traded during the day was 623 in over 18 trades.

The stock hit an intraday high of Rs. 50.00 and intraday low of 48.35. The net turnover during the day was Rs. 30392.00.

Source : Equity Bulls

Keywords

GiniSilkMills Q2FY22 H1FY22 ResultUpdate