AVI Polymers Ltd Q4FY22 net profit at Rs. 12.56 lakhs

AVI Polymers Ltd has reported Standalone financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 2.1611 crores during the period ended March 31, 2022 as compared to Rs. 2.7635 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 0.1256 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 0.2757 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 0.31 for the period ended March 31, 2022 as compared to Rs. 0.67 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 2.1611 crs	₹2.7635 crs	-21.80%
Net Profit	₹0.1256 crs	₹0.2757 crs	-54.44%
EPS	₹0.31	₹0.67	-53.73%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 2.1611 crores during the period ended March 31, 2022 as compared to Rs.1.9204 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1256 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.0.0971 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.31 for the period ended March 31, 2022 as compared to Rs.0.24 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 2.1611 crs	₹1.9204 crs	12.53%
Net Profit	₹0.1256 crs	₹0.0971 crs	29.35%
EPS	₹0.31	₹0.24	29.17%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.5.2214 crores during the Financial Year ended March 31, 2022 as compared to Rs.4.2040 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.4805 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.0.3401 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.1.17 for the Financial Year ended March 31, 2022 as compared to Rs.0.83 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹5.2214 crs	₹4.2040 crs	24.20%
Net Profit	₹0.4805 crs	₹0.3401 crs	41.28%
EPS	₹1.17	₹0.83	40.96%

Shares of AVI Polymers Ltd was last trading in BSE at Rs. 24.25 as compared to the previous close of Rs. 24.45. The total number of shares traded during the day was 8761 in over 122 trades.

The stock hit an intraday high of Rs. 25.20 and intraday low of 22.55. The net turnover during the day was Rs. 206423.00.

Source : Equity Bulls

Keywords

AVIPolymers Q4FY22 FY2022 ResultUpdate