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Veto Switchgears and Cables Limited announces Q2FY21 results
Posted On : 2020-11-13 18:36:07( TIMEZONE : IST )
Veto Switchgears and Cables Ltd has reported financial results for the period ended September 30, 2020.
Financial Results (Q2 FY20-21) - QoQ Comparison
The company has reported total income of Rs.42.41 crores during the period ended September 30, 2020 as compared to Rs.23.32 crores during the period ended June 30, 2020.
The company has posted net profit / (loss) of Rs.2.01 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.2.25 crores for the period ended June 30, 2020.
The company has reported EPS of Rs.1.05 for the period ended September 30, 2020 as compared to Rs.1.18 for the period ended June 30, 2020.
| Financials | Q2 FY20-21 | Q1 FY20-21 | % Change |
| Total Income | ₹ 42.41 crs | ₹ 23.32 crs |  81.86% |
| Net Profit | ₹ 2.01 crs | ₹ 2.25 crs |  -10.67% |
| EPS | ₹ 1.05 | ₹ 1.18 | -11.02% |
Financial Results (Q2 FY20-21) - YoY Comparison
The company has reported total income of Rs.42.41 crores during the period ended September 30, 2020 as compared to Rs.37.27 crores during the period ended September 30, 2019.
The company has posted net profit / (loss) of Rs.2.01 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.2.30 crores for the period ended September 30, 2019.
The company has reported EPS of Rs.1.05 for the period ended September 30, 2020 as compared to Rs.1.21 for the period ended September 30, 2019.
| Financials | Q2 FY20-21 | Q2 FY19-20 | % Change |
| Total Income | ₹ 42.41 crs | ₹ 37.27 crs | 13.79% |
| Net Profit | ₹ 2.01 crs | ₹ 2.30 crs | -12.61% |
| EPS | ₹ 1.05 | ₹ 1.21 | -13.22% |
Financial Results (6 months ended FY 20-21) - YoY Comparison
The company has reported total income of Rs.65.74 crores during the 6 months period ended September 30, 2020 as compared to Rs.72.91 crores during the 6 months period ended September 30, 2019.
The company has posted net profit / (loss) of Rs.4.27 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.3.94 crores for the 6 months period ended September 30, 2019.
The company has reported EPS of Rs.2.24 for the 6 months period ended September 30, 2020 as compared to Rs.2.06 for the 6 months period ended September 30, 2019.
| Financials | Half-Year Ended FY20-21 | Half-Year Ended FY19-20 | % Change |
| Total Income | ₹ 65.74 crs | ₹ 72.91 crs | -9.83% |
| Net Profit | ₹ 4.27 crs | ₹ 3.94 crs | 8.38% |
| EPS | ₹ 2.24 | ₹2.06 | 8.74% |
Shares of Veto Switchgears and Cables Ltd was last trading in BSE at Rs.47.05 as compared to the previous close of Rs. 44.7. The total number of shares traded during the day was 12011 in over 274 trades.
The stock hit an intraday high of Rs. 47.15 and intraday low of 42.55. The net turnover during the day was Rs. 544414.
