Vedavaag Systems Ltd Q2FY22 consolidated PAT at Rs. 2.48 crore

The Board of Directors of VEDAVAAG SYSTEMS LTD., at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 22.2296 crore, against ₹14.4608 crore in the corresponding quarter of the previous year (YoY) and ₹22.1060 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹2.4847 crore, against ₹1.5075 crore in the corresponding quarter of the previous year (YoY) and ₹2.2412 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.08, against ₹0.66 in the corresponding quarter of the previous year (YoY) and ₹0.98 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 22.2296 crs	₹22.1060 crs	0.56%	₹14.4608 crs	53.72%
Net Profit	₹2.4847 crs	₹2.2412 crs	10.86%	₹1.5075 crs	64.82 %
EPS	₹1.08	₹0.98	10.20%	₹0.66	63.64%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹44.3356 crore, against ₹26.2099 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹4.7259 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹2.8385 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.06 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.24 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹44.3356 crs	₹26.2099 crs	69.16%
Net Profit	₹4.7259 crs	₹2.8385 crs	66.49%
EPS	₹2.06	₹1.24	66.13%

Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs. 59.75 as compared to the previous close of Rs. 59.95. The total number of shares traded during the day was 207235 in over 583 trades.

The stock hit an intraday high of Rs. 61.90 and intraday low of 58.80. The net turnover during the day was Rs. 12384113.00.

Source : Equity Bulls

Keywords

VedavaagSystems Q2FY22 H1FY22 ResultUpdate