Texel Industries Q3 FY22 net profit drops QoQ to Rs. 33.31 lakhs

TEXEL INDUSTRIES LTD. 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. 17.5537 crores during the period ended December 31, 2021 as compared to Rs. 23.0718 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.3331 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.6198 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.35 for the period ended December 31, 2021 as compared to Rs. 1.19 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 17.5537 crs	₹23.0718 crs	-23.92%
Net Profit	₹0.3331 crs	₹0.6198 crs	-46.26%
EPS	₹0.35	₹1.19	-70.59%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 17.5537 crores during the period ended December 31, 2021 as compared to Rs.18.3228 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.3331 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.1294 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.35 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	₹ 17.5537 crs	₹18.3228 crs	-4.20%
Net Profit	₹0.3331 crs	₹0.1294 crs	157.42%
EPS	₹0.35	₹0.25	40.00%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.68.3906 crores during the 9 Months period ended December 31, 2021 as compared to Rs.55.1086 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.7027 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.3746 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.2.97 for the 9 Months period ended December 31, 2021 as compared to Rs.2.63 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹68.3906 crs	₹55.1086 crs	24.10%
Net Profit	₹1.7027 crs	₹1.3746 crs	23.87%
EPS	₹2.97	₹2.63	12.93%

Shares of TEXEL INDUSTRIES LTD. was last trading in BSE at Rs. 75.75 as compared to the previous close of Rs. 78.85. The total number of shares traded during the day was 7711 in over 48 trades.

The stock hit an intraday high of Rs. 82.75 and intraday low of 75.50. The net turnover during the day was Rs. 592624.00.

Source : Equity Bulls

Keywords

TexelIndustries Q3FY22 9MFY22 ResultUpdate