V B Desai Financial Services Ltd Q1FY23 net profit at Rs. 8.66 lakhs

V.B.DESAI FINANCIAL SERVICES 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. 0.7545 crores during the period ended June 30, 2022 as compared to Rs. 0.6305 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0866 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0936 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.19 for the period ended June 30, 2022 as compared to Rs. 0.21 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.7545 crs	₹0.6305 crs	19.67%
Net Profit	₹0.0866 crs	₹0.0936 crs	-7.48%
EPS	₹0.19	₹0.21	-9.52%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.7545 crores during the period ended June 30, 2022 as compared to Rs.0.8784 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0866 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1609 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.19 for the period ended June 30, 2022 as compared to Rs.0.33 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.7545 crs	₹0.8784 crs	-14.11%
Net Profit	₹0.0866 crs	₹0.1609 crs	-46.18%
EPS	₹0.19	₹0.33	-42.42%

Shares of V.B.DESAI FINANCIAL SERVICES LTD. was last trading in BSE at Rs. 8.35 as compared to the previous close of Rs. 8.28. The total number of shares traded during the day was 1860 in over 10 trades.

The stock hit an intraday high of Rs. 8.59 and intraday low of 8.35. The net turnover during the day was Rs. 15660.00.

Source : Equity Bulls

Keywords

VBDesaiFinancialServices Q1FY23 ResultUpdate