Stock Report

Vinati Organics Ltd consolidated Q2FY23 PAT higher at Rs. 116 crores

Posted On : 2022-11-07 14:55:57( TIMEZONE : IST )

Vinati Organics Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 586.2670 crores during the period ended September 30, 2022 as compared to Rs. 525.0101 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 116.0061 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 101.1892 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 11.29 for the period ended September 30, 2022 as compared to Rs. 9.85 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 586.2670 crs	₹525.0101 crs	11.67%
Net Profit	₹116.0061 crs	₹101.1892 crs	14.64%
EPS	₹11.29	₹9.85	14.62%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 586.2670 crores during the period ended September 30, 2022 as compared to Rs.387.6537 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.116.0061 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.81.3321 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.11.29 for the period ended September 30, 2022 as compared to Rs.7.91 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 586.2670 crs	₹387.6537 crs	51.23%
Net Profit	₹116.0061 crs	₹81.3321 crs	42.63%
EPS	₹11.29	₹7.91	42.73%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1111.2771 crores during the 6 Months period ended September 30, 2022 as compared to Rs.791.6039 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.217.1953 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.162.2521 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.21.13 for the 6 Months period ended September 30, 2022 as compared to Rs.15.79 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1111.2771 crs	₹791.6039 crs	40.38%
Net Profit	₹217.1953 crs	₹162.2521 crs	33.86%
EPS	₹21.13	₹15.79	33.82%

Shares of Vinati Organics Limited was last trading in BSE at Rs. 1951.35 as compared to the previous close of Rs. 1946.00. The total number of shares traded during the day was 5104 in over 683 trades.

The stock hit an intraday high of Rs. 1993.50 and intraday low of 1937.05. The net turnover during the day was Rs. 9961482.00.