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Varroc Engineering Ltd reports earnings for Q3FY21



Posted On : 2021-02-09 15:57:48( TIMEZONE : IST )

Varroc Engineering Ltd reports earnings for Q3FY21

Varroc Engineering Ltd has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.3514.58 crores during the period ended December 31, 2020 as compared to Rs.2939.30 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.(138.72) crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.(78.94) crores for the period ended September 30, 2020.

The company has reported EPS of Rs.(10.29) for the period ended December 31, 2020 as compared to Rs.(2.97) for the period ended September 30, 2020.

FinancialsQ3 FY20-21Q2 FY20-21% Change
Total Income₹ 3514.58 crs₹ 2939.30 crsUp Tick 19.57%
Net Profit₹ (138.72) crs₹ (78.94) crsUp Tick 75.73%
EPS₹ (10.29)₹ (2.97)Up Tick 246.46%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.3514.58 crores during the period ended December 31, 2020 as compared to Rs.2813.40 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.(138.72) crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.44.48 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.(10.29) for the period ended December 31, 2020 as compared to Rs.2.13 for the period ended December 31, 2019.

FinancialsQ3 FY20-21Q3 FY19-20% Change
Total Income₹ 3514.58 crs₹ 2813.40 crsUp Tick 24.92%
Net Profit₹ (138.72) crs₹ 44.48 crsDown Tick -411.87%
EPS₹ (10.29)₹ 2.13Down Tick -583.1%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.7778.58 crores during the 9 months period ended December 31, 2020 as compared to Rs.8427.27 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.(497.46) crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.168.06 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.(36.09) for the 9 months period ended December 31, 2020 as compared to Rs.10.22 for the 9 months period ended December 31, 2019.

Financials9 Months ended FY20-219 Months ended FY19-20% Change
Total Income₹ 7778.58 crs₹ 8427.27 crsDown Tick -7.7%
Net Profit₹ (497.46) crs₹ 168.06 crsDown Tick -396%
EPS₹ (36.09)₹10.22Down Tick -453.13%

Shares of Varroc Engineering Ltd was last trading in BSE at Rs.464.35 as compared to the previous close of Rs. 447.2. The total number of shares traded during the day was 30275 in over 1861 trades.

The stock hit an intraday high of Rs. 477 and intraday low of 443.05. The net turnover during the day was Rs. 14046261.

Source : Equity Bulls

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