Stock Report

Bihar Sponge Iron posts Rs. 50.34 lakhs profit in Q3 FY2021-22



Posted On : 2022-02-13 13:20:49( TIMEZONE : IST )

Bihar Sponge Iron posts Rs. 50.34 lakhs profit in Q3 FY2021-22

BIHAR SPONGE IRON 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. 6.4202 crores during the period ended December 31, 2021 as compared to Rs. 8.0054 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.5034 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.9846 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.06 for the period ended December 31, 2021 as compared to Rs. 0.11 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 6.4202 crs ₹8.0054 crs Up Tick / Down Tick-19.80%
Net Profit ₹0.5034 crs ₹0.9846 crs Up Tick / Down Tick-48.87%
EPS ₹0.06 ₹0.11 Up Tick / Down Tick-45.45%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 6.4202 crores during the period ended December 31, 2021 as compared to Rs.10.0189 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.5034 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.2.2413 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.06 for the period ended December 31, 2021 as compared to Rs.0.25 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 6.4202 crs ₹10.0189 crs Up Tick / Down Tick-35.92%
Net Profit ₹0.5034 crs ₹2.2413 crs Up Tick / Down Tick-77.54%
EPS ₹0.06 ₹0.25 Up Tick / Down Tick-76.00%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.29.2662 crores during the 9 Months period ended December 31, 2021 as compared to Rs.15.6045 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.5730 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.2.0161 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.62 for the 9 Months period ended December 31, 2021 as compared to Rs.0.22 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹29.2662 crs ₹15.6045 crs Up Tick / Down Tick87.55%
Net Profit ₹5.5730 crs ₹2.0161 crs Up Tick / Down Tick176.42%
EPS ₹0.62 ₹0.22 Up Tick / Down Tick181.82%

Shares of BIHAR SPONGE IRON LTD. was last trading in BSE at Rs. 11.67 as compared to the previous close of Rs. 11.84. The total number of shares traded during the day was 63586 in over 165 trades.

The stock hit an intraday high of Rs. 12.04 and intraday low of 11.25. The net turnover during the day was Rs. 721874.00.

Source : Equity Bulls

Keywords

BiharSpongeIron Q3FY22 9MFY22 ResultUpdate