The Hi-Tech Gears Ltd Q3FY22 consolidated loss at Rs. 13.05 crore | EquityBulls

2022-05-27 22:57:57 By : Ms. Catherine Wei

The Hi-Tech Gears Limited 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. 225.445 crores during the period ended December 31, 2021 as compared to Rs. 252.633 crores during the period ended September 30, 2021. The company has posted net profit / (loss) of Rs. -13.059 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -2.735 crores for the period ended September 30, 2021. The company has reported EPS of Rs. -6.96 for the period ended December 31, 2021 as compared to Rs. -1.46 for the period ended September 30, 2021. Financials Q3 FY2022 Q2 FY2022 % Change Total Income ₹ 225.445 crs ₹252.633 crs -10.76% Net Profit ₹-13.059 crs ₹-2.735 crs 377.48% EPS ₹-6.96 ₹-1.46 376.71% Financial Results (Q3 FY2022) - YoY Comparison The company has reported total income of Rs. 225.445 crores during the period ended December 31, 2021 as compared to Rs.226.963 crores during the period ended December 31, 2020. The company has posted net profit / (loss) of Rs.-13.059 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.4.132 crores for the period ended December 31, 2020. The company has reported EPS of Rs.-6.96 for the period ended December 31, 2021 as compared to Rs.2.20 for the period ended December 31, 2020. Financials Q3 FY2022 Q3 FY2021 % Change Total Income ₹ 225.445 crs ₹226.963 crs -0.67% Net Profit ₹-13.059 crs ₹4.132 crs -416.05% EPS ₹-6.96 ₹2.20 -416.36% Financial Results (9 Months Ended FY2022) - YoY Comparison The company has reported total income of Rs.687.668 crores during the 9 Months period ended December 31, 2021 as compared to Rs.506.193 crores during the 9 Months period ended December 31, 2020. The company has posted net profit / (loss) of Rs.-12.344 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.061 crores for the 9 Months period ended December 31, 2020. The company has reported EPS of Rs.-6.58 for the 9 Months period ended December 31, 2021 as compared to Rs.0.03 for the 9 Months period ended December 31, 2020. Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change Total Income ₹687.668 crs ₹506.193 crs 35.85% Net Profit ₹-12.344 crs ₹0.061 crs -20,336.07% EPS ₹-6.58 ₹0.03 -22,033.33% Shares of The Hi-Tech Gears Limited was last trading in BSE at Rs. 259.05 as compared to the previous close of Rs. 265.65. The total number of shares traded during the day was 684 in over 73 trades. The stock hit an intraday high of Rs. 274.00 and intraday low of 255.90. The net turnover during the day was Rs. 180024.00.

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