Tuesday, October 26, 2021

BigBloc Construction Q2FY22 Jumps 168% | Stock Outlook

  


BigBloc Construction Q2 PAT rises 168% yoy to Rs279 lakhs; Stock up 1.5%

The total standalone income for the quarter ended September 2021 at Rs2,520 lakhs, a rise of 163% yoy.


BigBloc Construction Limited on Monday announced financial results for the quarter and half year ended September 30, 2021. The total standalone income for the quarter ended September 2021 at Rs2,520 lakhs was higher by 163% over corresponding quarter last year’s income of Rs956 lakhs.

The company’s Profit After Tax (PAT) for Q2FY22 increased to Rs279 lakhs over the corresponding quarter last year’s loss of Rs104 lakhs, a rise of 168% yoy. The Earnings Per Share was Rs1.97 per share for Q2FY22.

EBITDA for the quarter ended September 2021 was reported at Rs477 lakhs (EBITDA margin at 19.40%) as compared to Rs55 lakhs (EBITDA margin at 6.0%) over previous fiscal’s same period.


Stock Outlook

Long term investor should stay stay invested , can test 164. For short term can book profit and can re enter near 126- 131.



Disclaimer- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader, user and company that are mention on this website. We are not SEBI registered financial advisor or analyst.


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