Shiva Texyarn posts QoQ lower profit in Q3FY22

Shiva Texyarn Limited 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. 150.2796 crores during the period ended December 31, 2021 as compared to Rs. 114.6245 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 6.0138 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 8.2156 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 4.64 for the period ended December 31, 2021 as compared to Rs. 6.34 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 150.2796 crs	₹114.6245 crs	31.11%
Net Profit	₹6.0138 crs	₹8.2156 crs	-26.80%
EPS	₹4.64	₹6.34	-26.81%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 150.2796 crores during the period ended December 31, 2021 as compared to Rs.99.3576 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.6.0138 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.5.5272 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.4.64 for the period ended December 31, 2021 as compared to Rs.4.26 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 150.2796 crs	₹99.3576 crs	51.25%
Net Profit	₹6.0138 crs	₹5.5272 crs	8.80%
EPS	₹4.64	₹4.26	8.92%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.350.8455 crores during the 9 Months period ended December 31, 2021 as compared to Rs.234.4070 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.19.0838 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.8.5767 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.14.72 for the 9 Months period ended December 31, 2021 as compared to Rs.6.62 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹350.8455 crs	₹234.4070 crs	49.67%
Net Profit	₹19.0838 crs	₹8.5767 crs	122.51%
EPS	₹14.72	₹6.62	122.36%

Shares of Shiva Texyarn Limited was last trading in BSE at Rs. 271.40 as compared to the previous close of Rs. 271.95. The total number of shares traded during the day was 1732 in over 190 trades.

The stock hit an intraday high of Rs. 275.00 and intraday low of 268.65. The net turnover during the day was Rs. 470290.00.

Source : Equity Bulls

Keywords

ShivaTexyarn Q3FY22 9MFY22 ResultUpdate