Stock Report

Harish Textile Engineers Ltd posts loss of Rs. 51.03 lakhs in Q2FY22

Posted On : 2021-11-19 23:30:34( TIMEZONE : IST )

The Board of Directors of Harish Textile Engineers 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 ₹ 24.9226 crore, against ₹19.5186 crore in the corresponding quarter of the previous year (YoY) and ₹20.6943 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-0.5103 crore, against ₹0.9216 crore in the corresponding quarter of the previous year (YoY) and ₹0.2019 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1.53, against ₹2.76 in the corresponding quarter of the previous year (YoY) and ₹0.61 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 24.9226 crs	₹20.6943 crs	20.43%	₹19.5186 crs	27.69%
Net Profit	₹-0.5103 crs	₹0.2019 crs	-352.75%	₹0.9216 crs	-155.37 %
EPS	₹-1.53	₹0.61	-350.82%	₹2.76	-155.43%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹45.6169 crore, against ₹25.1648 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-0.3085 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-0.6062 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-0.92 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-1.82 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹45.6169 crs	₹25.1648 crs	81.27%
Net Profit	₹-0.3085 crs	₹-0.6062 crs	49.11%
EPS	₹-0.92	₹-1.82	49.45%

Shares of Harish Textile Engineers Ltd was last trading in BSE at Rs. 45.15 as compared to the previous close of Rs. 47.50. The total number of shares traded during the day was 28199 in over 34 trades.

The stock hit an intraday high of Rs. 49.80 and intraday low of 45.15. The net turnover during the day was Rs. 1274770.00.