Gensol Engineering Ltd reports jump in Q3 revenue

Gensol Engineering Limited has performed well in last quarter ended December 31, 2021 (Q3), despite the formidable challenges posed by ongoing pandemic of Covid-19, which has raised its head again in form of a new variant, namely Omicron.

In 3rd Quarter ended December 31, 2021, the company has clocked revenues from operations worth Rs. 3058.18 Lakhs in comparison to Rs. 3281.03 Lakhs that was achieved during the half year ended on September 30, 2021, illustrating the momentum that has driven its operations.

The revenue from operations registered in third quarter ended December 31, 2021 is nearly at par with corresponding number achieved during the half year ended September 30, 2021. The company is expecting the same growth in Q4 of 2021-2022.

Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 141.50 as compared to the previous close of Rs. 130.85. The total number of shares traded during the day was 78736 in over 36 trades.

The stock hit an intraday high of Rs. 143.00 and intraday low of 128.00. The net turnover during the day was Rs. 10927280.00.

Source : Equity Bulls

Keywords

GensolEngineering INE06H201014 Q3FY22 PerformanceUpdate