Vinayak Polycon International Ltd posts profit of Rs. 1.46 lakhs in Q1FY23

VINAYAK POLYCON INTERNATIONAL 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. 3.7836 crores during the period ended June 30, 2022 as compared to Rs. 4.7409 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0146 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0709 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.05 for the period ended June 30, 2022 as compared to Rs. 0.23 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 3.7836 crs	₹4.7409 crs	-20.19%
Net Profit	₹0.0146 crs	₹0.0709 crs	-79.41%
EPS	₹0.05	₹0.23	-78.26%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 3.7836 crores during the period ended June 30, 2022 as compared to Rs.1.9072 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0146 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.1889 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.05 for the period ended June 30, 2022 as compared to Rs.-0.61 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 3.7836 crs	₹1.9072 crs	98.39%
Net Profit	₹0.0146 crs	₹-0.1889 crs	107.73%
EPS	₹0.05	₹-0.61	108.20%

Shares of VINAYAK POLYCON INTERNATIONAL LTD. was last trading in BSE at Rs. 12.04 as compared to the previous close of Rs. 12.67. The total number of shares traded during the day was 110 in over 1 trades.

The stock hit an intraday high of Rs. 12.04 and intraday low of 12.04. The net turnover during the day was Rs. 1324.00.

Source : Equity Bulls

Keywords

VinayakPolyconInternational Q1FY23 ResultUpdate