Stock Report

IP Rings Q3FY22 net profit at Rs. 44.20 lakhs



Posted On : 2022-02-04 20:47:33( TIMEZONE : IST )

IP Rings Q3FY22 net profit at Rs. 44.20 lakhs

IP RINGS LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 72.4784 crores during the period ended December 31, 2021 as compared to Rs. 66.4447 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.4420 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.2886 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.35 for the period ended December 31, 2021 as compared to Rs. 0.23 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹72.4784 crs ₹66.4447 crs Up Tick / Down Tick9.08%
Net Profit ₹0.4420 crs ₹0.2886 crs Up Tick / Down Tick53.15%
EPS ₹0.35 ₹0.23 Up Tick / Down Tick52.17%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.72.4784 crores during the period ended December 31, 2021 as compared to Rs.66.6278 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.4420 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.4.1657 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.35 for the period ended December 31, 2021 as compared to Rs.3.29 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹72.4784 crs ₹66.6278 crs Up Tick / Down Tick8.78%
Net Profit ₹0.4420 crs ₹4.1657 crs Up Tick / Down Tick-89.39%
EPS ₹0.35 ₹3.29 Up Tick / Down Tick-89.36%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.201.7579 crores during the 9 Months period ended December 31, 2021 as compared to Rs.123.0700 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.4.7759 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.8816 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.77 for the 9 Months period ended December 31, 2021 as compared to Rs.0.70 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹201.7579 crs ₹123.0700 crs Up Tick / Down Tick63.94%
Net Profit ₹4.7759 crs ₹0.8816 crs Up Tick / Down Tick441.73%
EPS ₹3.77 ₹0.70 Up Tick / Down Tick438.57%

Shares of IP RINGS LTD. was last trading in BSE at Rs. 142.25 as compared to the previous close of Rs. 146.55. The total number of shares traded during the day was 2713 in over 46 trades.

The stock hit an intraday high of Rs. 148.75 and intraday low of 142.05. The net turnover during the day was Rs. 395671.00.

Source : Equity Bulls

Keywords

IPRings Q3FY22 9MFY22 ResultUpdate