Vedant Fashions Ltd Q1FY23 consolidated net profit rises to Rs. 100.87 crores

Vedant Fashions Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 332.065 crores during the period ended June 30, 2022 as compared to Rs. 307.355 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 100.871 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 88.701 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 4.16 for the period ended June 30, 2022 as compared to Rs. 3.63 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 332.065 crs	₹307.355 crs	8.04%
Net Profit	₹100.871 crs	₹88.701 crs	13.72%
EPS	₹4.16	₹3.63	14.60%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 332.065 crores during the period ended June 30, 2022 as compared to Rs.178.484 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.100.871 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.45.187 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.4.16 for the period ended June 30, 2022 as compared to Rs.1.82 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 332.065 crs	₹178.484 crs	86.05%
Net Profit	₹100.871 crs	₹45.187 crs	123.23%
EPS	₹4.16	₹1.82	128.57%

Shares of Vedant Fashions Limited was last trading in BSE at Rs. 1297.20 as compared to the previous close of Rs. 1211.25. The total number of shares traded during the day was 20689 in over 2762 trades.

The stock hit an intraday high of Rs. 1323.00 and intraday low of 1217.00. The net turnover during the day was Rs. 26583852.00.

Source : Equity Bulls

Keywords

VedantFashions Q1FY23 ResultUpdate