VB Desai Financial Services Q3FY22 net profit at Rs. 6.34 lakhs

V.B.DESAI FINANCIAL SERVICES LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 0.5690 crores during the period ended December 31, 2021 as compared to Rs. 0.7340 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.0634 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.0406 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.14 for the period ended December 31, 2021 as compared to Rs. 0.10 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 0.5690 crs	₹0.7340 crs	-22.48%
Net Profit	₹0.0634 crs	₹0.0406 crs	56.16%
EPS	₹0.14	₹0.10	40.00%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 0.5690 crores during the period ended December 31, 2021 as compared to Rs.0.2915 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.0634 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-0.0294 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.14 for the period ended December 31, 2021 as compared to Rs.-0.06 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 0.5690 crs	₹0.2915 crs	95.20%
Net Profit	₹0.0634 crs	₹-0.0294 crs	315.65%
EPS	₹0.14	₹-0.06	333.33%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.2.1814 crores during the 9 Months period ended December 31, 2021 as compared to Rs.1.3859 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.2649 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.0081 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.0.59 for the 9 Months period ended December 31, 2021 as compared to Rs.0.02 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹2.1814 crs	₹1.3859 crs	57.40%
Net Profit	₹0.2649 crs	₹0.0081 crs	3,170.37%
EPS	₹0.59	₹0.02	2,850.00%

Shares of V.B.DESAI FINANCIAL SERVICES LTD. was last trading in BSE at Rs. 10.02 as compared to the previous close of Rs. 9.55. The total number of shares traded during the day was 400 in over 2 trades.

The stock hit an intraday high of Rs. 10.02 and intraday low of 10.02. The net turnover during the day was Rs. 4008.00.

Source : Equity Bulls

Keywords

VBDesaiFinancialServices Q3FY22 9MFY22 ResultUpdate