Reliable Ventures India Ltd Q3 FY2022 net profit jumps to Rs. 1.79 crore

RELIABLE VENTURES INDIA 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. 6.4921 crores during the period ended December 31, 2021 as compared to Rs. 4.6211 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 1.7920 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.8627 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.68 for the period ended December 31, 2021 as compared to Rs. 0.91 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 6.4921 crs	₹4.6211 crs	40.49%
Net Profit	₹1.7920 crs	₹0.8627 crs	107.72%
EPS	₹1.68	₹0.91	84.62%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 6.4921 crores during the period ended December 31, 2021 as compared to Rs.3.8651 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.7920 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.6780 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.68 for the period ended December 31, 2021 as compared to Rs.1.01 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 6.4921 crs	₹3.8651 crs	67.97%
Net Profit	₹1.7920 crs	₹0.6780 crs	164.31%
EPS	₹1.68	₹1.01	66.34%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.13.1471 crores during the 9 Months period ended December 31, 2021 as compared to Rs.5.6302 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.1527 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-1.4669 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.2.27 for the 9 Months period ended December 31, 2021 as compared to Rs.-0.51 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹13.1471 crs	₹5.6302 crs	133.51%
Net Profit	₹2.1527 crs	₹-1.4669 crs	246.75%
EPS	₹2.27	₹-0.51	545.10%

Shares of RELIABLE VENTURES INDIA LTD. was last trading in BSE at Rs. 15.01 as compared to the previous close of Rs. 14.30. The total number of shares traded during the day was 92659 in over 122 trades.

The stock hit an intraday high of Rs. 15.01 and intraday low of 14.31. The net turnover during the day was Rs. 1390754.00.

Source : Equity Bulls

Keywords

ReliableVenturesIndia Q3FY22 9MFY22 ResultUpdate