VLS Finance Ltd Q1FY23 consolidated loss at Rs. 43.42 crores

VLS Finance 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. 4.6539 crores during the period ended June 30, 2022 as compared to Rs. 31.1620 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -43.4205 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 42.8576 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -11.23 for the period ended June 30, 2022 as compared to Rs. 11.09 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 4.6539 crs	₹31.1620 crs	-85.07%
Net Profit	₹-43.4205 crs	₹42.8576 crs	-201.31%
EPS	₹-11.23	₹11.09	-201.26%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.6539 crores during the period ended June 30, 2022 as compared to Rs.85.5127 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-43.4205 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.72.1617 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-11.23 for the period ended June 30, 2022 as compared to Rs.18.67 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 4.6539 crs	₹85.5127 crs	-94.56%
Net Profit	₹-43.4205 crs	₹72.1617 crs	-160.17%
EPS	₹-11.23	₹18.67	-160.15%

Shares of VLS Finance Limited was last trading in BSE at Rs. 155.20 as compared to the previous close of Rs. 155.80. The total number of shares traded during the day was 3666 in over 75 trades.

The stock hit an intraday high of Rs. 158.05 and intraday low of 153.50. The net turnover during the day was Rs. 567921.00.

Source : Equity Bulls

Keywords

VLSFinance Q1FY23 ResultUpdate