Vijay Solvex Ltd Q1FY21 PAT zooms to Rs. 10.82 crore

VIJAY SOLVEX LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.456.68 crores during the period ended June 30, 2020 as compared to Rs.350.48 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.10.82 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.6.36 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.33.81 for the period ended June 30, 2020 as compared to Rs.19.89 for the period ended March 31, 2020.

Financials	Q1 FY2020-21	Q4 FY19-20	% Change
Total Income	₹ 456.68 crs	₹ 350.48 crs	30.3%
Net Profit	₹ 10.82 crs	₹ 6.36 crs	70.13%
EPS	₹ 33.81	₹ 19.89	69.98%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.456.68 crores during the period ended June 30, 2020 as compared to Rs.353.64 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.10.82 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.2.94 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.33.81 for the period ended June 30, 2020 as compared to Rs.9.21 for the period ended June 30, 2019.

Financials	Q1 FY2020-21	Q1 FY2019-20	% Change
Total Income	₹ 456.68 crs	₹ 353.64 crs	29.14%
Net Profit	₹ 10.82 crs	₹ 2.94 crs	268.03%
EPS	₹ 33.81	₹ 9.21	267.1%

Shares of VIJAY SOLVEX LTD. was last trading in BSE at Rs.299 as compared to the previous close of Rs. 285.2. The total number of shares traded during the day was 34 in over 7 trades.

The stock hit an intraday high of Rs. 299.2 and intraday low of 295. The net turnover during the day was Rs. 10157.

Source : Equity Bulls

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