Investment and Precision Castings posts loss in Q3FY22 | EquityBulls

2022-09-10 03:08:21 By : Mr. Jason Yang

INVESTMENT & PRECISION CASTINGS LTD. has reported Consolidated financial results for the period ended September 30, 2021. Financial Results (Q3 FY2022) - QoQ Comparison The company has reported total income of Rs. 31.9598 crores during the period ended September 30, 2021 as compared to Rs. 32.7826 crores during the period ended September 30, 2021. The company has posted net profit / (loss) of Rs. -0.2337 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -0.5603 crores for the period ended September 30, 2021. The company has reported EPS of Rs. -0.47 for the period ended September 30, 2021 as compared to Rs. -1.12 for the period ended September 30, 2021. Financials Q3 FY2022 Q2 FY2022 % Change Total Income ₹ 31.9598 crs ₹32.7826 crs -2.51% Net Profit ₹-0.2337 crs ₹-0.5603 crs 58.29% EPS ₹-0.47 ₹-1.12 58.04% Financial Results (Q3 FY2022) - YoY Comparison The company has reported total income of Rs. 31.9598 crores during the period ended September 30, 2021 as compared to Rs.34.6472 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.-0.2337 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.2.1408 crores for the period ended September 30, 2020. The company has reported EPS of Rs.-0.47 for the period ended September 30, 2021 as compared to Rs.4.28 for the period ended September 30, 2020. Financials Q3 FY2022 Q3 FY2021 % Change Total Income ₹ 31.9598 crs ₹34.6472 crs -7.76% Net Profit ₹-0.2337 crs ₹2.1408 crs -110.92% EPS ₹-0.47 ₹4.28 -110.98% Financial Results (9 Months Ended FY2022) - YoY Comparison The company has reported total income of Rs.96.6788 crores during the 9 Months period ended September 30, 2021 as compared to Rs.68.7458 crores during the 9 Months period ended September 30, 2020. The company has posted net profit / (loss) of Rs.0.9954 crores for the 9 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-2.4828 crores for the 9 Months period ended September 30, 2020. The company has reported EPS of Rs.1.99 for the 9 Months period ended September 30, 2021 as compared to Rs.-4.97 for the 9 Months period ended September 30, 2020. Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change Total Income ₹96.6788 crs ₹68.7458 crs 40.63% Net Profit ₹0.9954 crs ₹-2.4828 crs 140.09% EPS ₹1.99 ₹-4.97 140.04% Shares of INVESTMENT & PRECISION CASTINGS LTD. was last trading in BSE at Rs. 291.80 as compared to the previous close of Rs. 294.00. The total number of shares traded during the day was 4382 in over 31 trades. The stock hit an intraday high of Rs. 295.00 and intraday low of 282.00. The net turnover during the day was Rs. 1272999.00.

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