Vineet Laboratories Ltd Q1 FY2023 PAT lower at Rs. 1.01 crore

Vineet Laboratories Ltd has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 48.9063 crores during the period ended June 30, 2022 as compared to Rs. 55.6939 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.0104 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 3.2791 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.10 for the period ended June 30, 2022 as compared to Rs. 3.52 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 48.9063 crs	₹55.6939 crs	-12.19%
Net Profit	₹1.0104 crs	₹3.2791 crs	-69.19%
EPS	₹1.10	₹3.52	-68.75%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 48.9063 crores during the period ended June 30, 2022 as compared to Rs.57.6981 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.0104 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.2753 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.10 for the period ended June 30, 2022 as compared to Rs.1.38 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 48.9063 crs	₹57.6981 crs	-15.24%
Net Profit	₹1.0104 crs	₹1.2753 crs	-20.77%
EPS	₹1.10	₹1.38	-20.29%

Shares of Vineet Laboratories Ltd was last trading in BSE at Rs. 64.80 as compared to the previous close of Rs. 65.40. The total number of shares traded during the day was 10108 in over 285 trades.

The stock hit an intraday high of Rs. 67.05 and intraday low of 64.05. The net turnover during the day was Rs. 661832.00.

Source : Equity Bulls

Keywords

VineetLaboratories Q1FY23 ResultUpdate