Vedavaag Systems Ltd reports rise in Q1FY23 consolidated PAT to Rs. 2.44 crores

VEDAVAAG SYSTEMS LTD. 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. 23.0723 crores during the period ended June 30, 2022 as compared to Rs. 28.7321 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 2.4475 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.0859 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.07 for the period ended June 30, 2022 as compared to Rs. 0.47 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 23.0723 crs	₹28.7321 crs	-19.70%
Net Profit	₹2.4475 crs	₹1.0859 crs	125.39%
EPS	₹1.07	₹0.47	127.66%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 23.0723 crores during the period ended June 30, 2022 as compared to Rs.22.1060 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.2.4475 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.2412 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.07 for the period ended June 30, 2022 as compared to Rs.0.98 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 23.0723 crs	₹22.1060 crs	4.37%
Net Profit	₹2.4475 crs	₹2.2412 crs	9.20%
EPS	₹1.07	₹0.98	9.18%

Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs. 49.45 as compared to the previous close of Rs. 47.50. The total number of shares traded during the day was 23292 in over 171 trades.

The stock hit an intraday high of Rs. 50.40 and intraday low of 48.00. The net turnover during the day was Rs. 1148625.00.

Source : Equity Bulls

Keywords

VedavaagSystems Q1FY23 ResultUpdate