V2 Retail Ltd consolidated Q1FY23 loss at Rs. 2.83 crore

V2 Retail 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. 212.2546 crores during the period ended June 30, 2022 as compared to Rs. 161.9099 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -2.8328 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -9.5113 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.82 for the period ended June 30, 2022 as compared to Rs. -2.76 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 212.2546 crs	₹161.9099 crs	31.09%
Net Profit	₹-2.8328 crs	₹-9.5113 crs	70.22%
EPS	₹-0.82	₹-2.76	70.29%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 212.2546 crores during the period ended June 30, 2022 as compared to Rs.91.6943 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-2.8328 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-11.3116 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.82 for the period ended June 30, 2022 as compared to Rs.-3.31 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 212.2546 crs	₹91.6943 crs	131.48%
Net Profit	₹-2.8328 crs	₹-11.3116 crs	74.96%
EPS	₹-0.82	₹-3.31	75.23%

Shares of V2 Retail Limited was last trading in BSE at Rs. 113.15 as compared to the previous close of Rs. 112.40. The total number of shares traded during the day was 5972 in over 177 trades.

The stock hit an intraday high of Rs. 115.20 and intraday low of 110.00. The net turnover during the day was Rs. 674466.00.

Source : Equity Bulls

Keywords

V2Retail Q1FY23 ResultUpdate