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Veto Switchgears and Cables Limited reports Q4, FY2021 earnings
Posted On : 2021-06-30 23:14:06( TIMEZONE : IST )
Veto Switchgears and Cables Limited proudly announces the following results for the quarter/Year ended March 31st, 2021.
The Audited Standalone results for the Quarter ended March 31st,2021:
The Company has posted a net profit of Rs. 391.37 Lacs for the quarter ended March 31st, 2021 as compared to Rs. 218.35 Lacs for the quarter ended March 31st, 2020.
The Total Income of the company has increased from Rs. 3582.01 Lacs for the quarter ended March 31st, 2020 to Rs. 4735.80 Lacs for the quarter ended March 31st, 2021.
The Audited Standalone results for the Year ended March 31, 2021:
Total Income stands at Rs. 15536.81 Lacs for the year ended March 31, 2021 as compared to Rs. 12634.39 Lac for the year ended March 31, 2020. However, the Company has posted a net profit of Rs. 1612.30 Lacs for the year ended March 31, 2021 as compared to Rs. 1105.57 Lacs for the year ended March 31, 2020.
The Consolidated Results are as follows:
The Audited Consolidated results for the Quarter ended March 315t,2021:
The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 459.46 Lacs for the Quarter ended March 31st, 2021 as compared to Rs. 172.60 Lacs for the Quarter ended March 31st, 2020.
The Total Income has increased from Rs. 3903.80 Lacs for the Year ended March 31st, 2020 to Rs. 6553.59 Lacs for the Quarter ended March 31st, 2021.
The Audited Consolidated results for the Year ended March 31, 2021:
The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs.1483.93 Lacs for the Year ended March 31,2021 as compared to Rs. 927.99 Lacs for the Year ended March 31, 2020. Total Income has increased from Rs. 15090.31 Lacs for the Year ended March 31, 2020 to Rs. 18272.00 Lacs for the Year ended March 31, 2021.
Declaration of Final Dividend
A final Dividend of Rs. 1/- per share having Face Value of Rs. 10/- per share (i.e. 10% of F. V.) has been recommended by the Board subject to approval by the shareholder.
Shares of Veto Switchgears and Cables Ltd was last trading in BSE at Rs.128.7 as compared to the previous close of Rs. 129.8. The total number of shares traded during the day was 10815 in over 436 trades.
The stock hit an intraday high of Rs. 132.5 and intraday low of 126.95. The net turnover during the day was Rs. 1386229.
