Stock Report

Aarvee Denims and Exports Q3FY22 loss at Rs. 14.02 crores

Posted On : 2022-02-08 22:51:43( TIMEZONE : IST )

Aarvee Denims & Exports 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. 119.3226 crores during the period ended December 31, 2021 as compared to Rs. 119.5381 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -14.0293 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -12.3565 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -5.98 for the period ended December 31, 2021 as compared to Rs. -5.27 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 119.3226 crs	₹119.5381 crs	-0.18%
Net Profit	₹-14.0293 crs	₹-12.3565 crs	13.54%
EPS	₹-5.98	₹-5.27	13.47%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 119.3226 crores during the period ended December 31, 2021 as compared to Rs.85.9052 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-14.0293 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-5.6753 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-5.98 for the period ended December 31, 2021 as compared to Rs.-2.42 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 119.3226 crs	₹85.9052 crs	38.90%
Net Profit	₹-14.0293 crs	₹-5.6753 crs	147.20%
EPS	₹-5.98	₹-2.42	147.11%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.312.8433 crores during the 9 Months period ended December 31, 2021 as compared to Rs.134.7452 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-29.2461 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-42.2796 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-12.47 for the 9 Months period ended December 31, 2021 as compared to Rs.-18.02 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹312.8433 crs	₹134.7452 crs	132.17%
Net Profit	₹-29.2461 crs	₹-42.2796 crs	30.83%
EPS	₹-12.47	₹-18.02	30.80%

Shares of Aarvee Denims & Exports Limited was last trading in BSE at Rs. 29.40 as compared to the previous close of Rs. 30.25. The total number of shares traded during the day was 13964 in over 154 trades.

The stock hit an intraday high of Rs. 31.70 and intraday low of 28.75. The net turnover during the day was Rs. 406174.00.