TGB Banquets and Hotels Ltd Q2FY22 loss at Rs. 15.75 crore

The Board of Directors of TGB Banquets And Hotels Limited, 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 ₹ 6.1308 crore, against ₹3.1740 crore in the corresponding quarter of the previous year (YoY) and ₹4.1331 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹15.7575 crore, against ₹-4.3720 crore in the corresponding quarter of the previous year (YoY) and ₹-0.4523 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-5.38, against ₹-1.49 in the corresponding quarter of the previous year (YoY) and ₹-0.15 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 6.1308 crs	₹4.1331 crs	48.33%	₹3.1740 crs	93.16%
Net Profit	₹15.7575 crs	₹-0.4523 crs	3,583.86%	₹-4.3720 crs	460.42 %
EPS	₹-5.38	₹-0.15	3,486.67%	₹-1.49	261.07%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹10.2639 crore, against ₹4.2179 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-16.2098 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-6.3235 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-5.53 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-2.16 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹10.2639 crs	₹4.2179 crs	143.34%
Net Profit	₹-16.2098 crs	₹-6.3235 crs	156.34%
EPS	₹-5.53	₹-2.16	156.02%

Shares of TGB Banquets And Hotels Limited was last trading in BSE at Rs. 9.62 as compared to the previous close of Rs. 9.42. The total number of shares traded during the day was 11131 in over 28 trades.

The stock hit an intraday high of Rs. 9.75 and intraday low of 9.21. The net turnover during the day was Rs. 104562.00.

Source : Equity Bulls

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TGBBanquetsandHotels Q2FY22 H1FY22 ResultUpdate