Elgi Equipments Q3FY22 consolidated profit drops QoQ to Rs. 41.73 crores

Elgi Equipments Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 666.434 crores during the period ended December 31, 2021 as compared to Rs. 669.337 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 41.734 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 51.616 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.32 for the period ended December 31, 2021 as compared to Rs. 1.63 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 666.434 crs	₹669.337 crs	-0.43%
Net Profit	₹41.734 crs	₹51.616 crs	-19.15%
EPS	₹1.32	₹1.63	-19.02%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 666.434 crores during the period ended December 31, 2021 as compared to Rs.553.775 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.41.734 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.34.607 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.32 for the period ended December 31, 2021 as compared to Rs.1.09 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 666.434 crs	₹553.775 crs	20.34%
Net Profit	₹41.734 crs	₹34.607 crs	20.59%
EPS	₹1.32	₹1.09	21.10%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.1837.106 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1331.177 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.105.368 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.59.122 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.3.33 for the 9 Months period ended December 31, 2021 as compared to Rs.1.87 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹1837.106 crs	₹1331.177 crs	38.01%
Net Profit	₹105.368 crs	₹59.122 crs	78.22%
EPS	₹3.33	₹1.87	78.07%

Shares of Elgi Equipments Limited was last trading in BSE at Rs. 389.00 as compared to the previous close of Rs. 399.80. The total number of shares traded during the day was 10279 in over 694 trades.

The stock hit an intraday high of Rs. 400.00 and intraday low of 381.40. The net turnover during the day was Rs. 3993965.00.

Source : Equity Bulls

Keywords

ElgiEquipments Q3FY22 9MFY22 ResultUpdate