Acknit Industries Q3FY22 PAT climbs to Rs. 2.56 crores

ACKNIT INDUSTRIES 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. 58.5483 crores during the period ended December 31, 2021 as compared to Rs. 56.4865 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 2.5635 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 1.8523 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 8.43 for the period ended December 31, 2021 as compared to Rs. 6.09 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 58.5483 crs	₹56.4865 crs	3.65%
Net Profit	₹2.5635 crs	₹1.8523 crs	38.40%
EPS	₹8.43	₹6.09	38.42%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 58.5483 crores during the period ended December 31, 2021 as compared to Rs.45.5379 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.5635 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.2.2143 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.8.43 for the period ended December 31, 2021 as compared to Rs.7.28 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 58.5483 crs	₹45.5379 crs	28.57%
Net Profit	₹2.5635 crs	₹2.2143 crs	15.77%
EPS	₹8.43	₹7.28	15.80%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.153.7584 crores during the 9 Months period ended December 31, 2021 as compared to Rs.120.4716 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.5822 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.4.2483 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.18.36 for the 9 Months period ended December 31, 2021 as compared to Rs.13.97 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹153.7584 crs	₹120.4716 crs	27.63%
Net Profit	₹5.5822 crs	₹4.2483 crs	31.40%
EPS	₹18.36	₹13.97	31.42%

Shares of ACKNIT INDUSTRIES LTD. was last trading in BSE at Rs. 127.85 as compared to the previous close of Rs. 124.45. The total number of shares traded during the day was 1403 in over 42 trades.

The stock hit an intraday high of Rs. 128.00 and intraday low of 121.00. The net turnover during the day was Rs. 176560.00.

Source : Equity Bulls

Keywords

AcknitIndustries Q3FY22 9MFY22 ResultUpdate