Ankit Metal and Power Ltd Q3FY22 loss reduces to Rs. 6.31 croer

Ankit Metal & Power Limited 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. 149.3463 crores during the period ended December 31, 2021 as compared to Rs. 212.0126 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -6.3138 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -11.7357 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -0.45 for the period ended December 31, 2021 as compared to Rs. -0.83 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 149.3463 crs	₹212.0126 crs	-29.56%
Net Profit	₹-6.3138 crs	₹-11.7357 crs	46.20%
EPS	₹-0.45	₹-0.83	45.78%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 149.3463 crores during the period ended December 31, 2021 as compared to Rs.66.0054 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-6.3138 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-20.2323 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-0.45 for the period ended December 31, 2021 as compared to Rs.-1.43 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 149.3463 crs	₹66.0054 crs	126.26%
Net Profit	₹-6.3138 crs	₹-20.2323 crs	68.79%
EPS	₹-0.45	₹-1.43	68.53%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.518.0959 crores during the 9 Months period ended December 31, 2021 as compared to Rs.208.9265 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-57.2217 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-62.4717 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-4.06 for the 9 Months period ended December 31, 2021 as compared to Rs.-4.43 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹518.0959 crs	₹208.9265 crs	147.98%
Net Profit	₹-57.2217 crs	₹-62.4717 crs	8.40%
EPS	₹-4.06	₹-4.43	8.35%

Shares of Ankit Metal & Power Limited was last trading in BSE at Rs. 9.80 as compared to the previous close of Rs. 10.25. The total number of shares traded during the day was 224460 in over 482 trades.

The stock hit an intraday high of Rs. 10.76 and intraday low of 9.74. The net turnover during the day was Rs. 2280680.00.

Source : Equity Bulls

Keywords

AnkitMetalandPower Q3FY22 9MFY22 ResultUpdate