Veto Switchgears and Cables Limited announces Q1FY22 results

Veto Switchgears and Cables Limited has announced the financial results for the quarter ended June 30th, 2021.

The Unaudited Standalone results for the Quarter ended June 30, 2021:

The Company has posted a net profit of Rs. 222.02 Lacs for the quarter ended June 30, 2021 as compared to Rs. 217.94 Lacs for the quarter ended June 30, 2020.

The Total Income of the company has increased from Rs, 2149.51 Lacs for the quarter ended June 30, 2020 to Rs. 2413.75 Lacs for the quarter ended June 30, 2021.

The Consolidated Results are as follows:

The Unaudited Consolidated results for the Quarter ended June 30, 2021:

The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 256.69 Lacs for the Quarter ended June 30, 2021 as compared to Rs. 225.79 Lacs for the Quarter ended June 30, 2020.

The Total Income has increased from Rs. 2332.99 Lacs for the Quarter ended June 30, 2020 to Rs. 4229.89 Lacs for the Quarter ended June 30, 2021.

Shares of Veto Switchgears and Cables Ltd was last trading in BSE at Rs. 140 as compared to the previous close of Rs. 144.1. The total number of shares traded during the day was 22986 in over 769 trades.

The stock hit an intraday high of Rs. 146.8 and intraday low of 139.4. The net turnover during the day was Rs. 3277513.

Source : Equity Bulls

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