Stock Report

Gita Renewable Energy Ltd Q2FY22 PAT soars to Rs. 1.20 crore



Posted On : 2021-11-20 14:56:03( TIMEZONE : IST )

Gita Renewable Energy Ltd Q2FY22 PAT soars to Rs. 1.20 crore

Gita Renewable Energy Ltd has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 1.2919 crores during the period ended September 30, 2021 as compared to Rs. 0.46 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 1.2085 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.3548 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 2.94 for the period ended September 30, 2021 as compared to Rs. 0.86 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 1.2919 crs ₹0.46 crs Up Tick / Down Tick180.85%
Net Profit ₹1.2085 crs ₹0.3548 crs Up Tick / Down Tick240.61%
EPS ₹2.94 ₹0.86 Up Tick / Down Tick241.86%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 1.2919 crores during the period ended September 30, 2021 as compared to Rs.0.06 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.2085 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-1.7730 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.2.94 for the period ended September 30, 2021 as compared to Rs.-4.31 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 1.2919 crs ₹0.06 crs Up Tick / Down Tick2,053.17%
Net Profit ₹1.2085 crs ₹-1.7730 crs Up Tick / Down Tick168.16%
EPS ₹2.94 ₹-4.31 Up Tick / Down Tick168.21%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1.7519 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.12 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.5633 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-2.2465 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.3.80 for the 6 Months period ended September 30, 2021 as compared to Rs.-5.46 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹1.7519 crs ₹0.12 crs Up Tick / Down Tick1,359.92%
Net Profit ₹1.5633 crs ₹-2.2465 crs Up Tick / Down Tick169.59%
EPS ₹3.80 ₹-5.46 Up Tick / Down Tick169.60%

Shares of Gita Renewable Energy Ltd was last trading in BSE at Rs. 144.80 as compared to the previous close of Rs. 152.40. The total number of shares traded during the day was 350 in over 13 trades.

The stock hit an intraday high of Rs. 144.80 and intraday low of 144.80. The net turnover during the day was Rs. 50680.00.

Source : Equity Bulls

Keywords

GitaRenewableEnergy Q2FY22 H1FY22 ResultUpdate