Veejay Lakshmi Engineering Works Ltd Q1FY23 consolidated loss at Rs. 3.24 crore

VEEJAY LAKSHMI ENGINEERING WORKS 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. 17.9161 crores during the period ended June 30, 2022 as compared to Rs. 20.8102 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -3.2416 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.7264 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -6.39 for the period ended June 30, 2022 as compared to Rs. -1.43 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 17.9161 crs	₹20.8102 crs	-13.91%
Net Profit	₹-3.2416 crs	₹-0.7264 crs	346.26%
EPS	₹-6.39	₹-1.43	346.85%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 17.9161 crores during the period ended June 30, 2022 as compared to Rs.13.2235 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-3.2416 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.4885 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-6.39 for the period ended June 30, 2022 as compared to Rs.-0.96 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 17.9161 crs	₹13.2235 crs	35.49%
Net Profit	₹-3.2416 crs	₹-0.4885 crs	563.58%
EPS	₹-6.39	₹-0.96	565.63%

Shares of VEEJAY LAKSHMI ENGINEERING WORKS LTD. was last trading in BSE at Rs. 43.95 as compared to the previous close of Rs. 43.70. The total number of shares traded during the day was 37 in over 5 trades.

The stock hit an intraday high of Rs. 45.00 and intraday low of 43.95. The net turnover during the day was Rs. 1663.00.

Source : Equity Bulls

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VeejayLakshmiEngineeringWorks Q1FY23 ResultUpdate