Sri Nachammai Cotton Mills Q3FY22 net profit at Rs. 2.27 crores

SRI NACHAMMAI COTTON MILLS 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. 61.8973 crores during the period ended December 31, 2021 as compared to Rs. 54.4843 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 2.2792 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.4725 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 5.32 for the period ended December 31, 2021 as compared to Rs. 1.10 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 61.8973 crs	₹54.4843 crs	13.61%
Net Profit	₹2.2792 crs	₹0.4725 crs	382.37%
EPS	₹5.32	₹1.10	383.64%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 61.8973 crores during the period ended December 31, 2021 as compared to Rs.46.2345 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.2792 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.3334 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.5.32 for the period ended December 31, 2021 as compared to Rs.0.78 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 61.8973 crs	₹46.2345 crs	33.88%
Net Profit	₹2.2792 crs	₹0.3334 crs	583.62%
EPS	₹5.32	₹0.78	582.05%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.149.1424 crores during the 9 Months period ended December 31, 2021 as compared to Rs.107.8778 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.3.2505 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-2.3395 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.7.58 for the 9 Months period ended December 31, 2021 as compared to Rs.-5.46 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹149.1424 crs	₹107.8778 crs	38.25%
Net Profit	₹3.2505 crs	₹-2.3395 crs	238.94%
EPS	₹7.58	₹-5.46	238.83%

Shares of SRI NACHAMMAI COTTON MILLS LTD. was last trading in BSE at Rs. 56.90 as compared to the previous close of Rs. 60.30. The total number of shares traded during the day was 15494 in over 100 trades.

The stock hit an intraday high of Rs. 66.20 and intraday low of 54.30. The net turnover during the day was Rs. 866141.00.

Source : Equity Bulls

Keywords

SriNachammaiCottonMills Q3FY22 9MFY22 ResultUpdate