Stock Report

Venus Pipes and Tubes Ltd Q2 FY23 net profit at Rs. 10.39 crores



Posted On : 2022-11-10 19:53:52( TIMEZONE : IST )

Venus Pipes and Tubes Ltd Q2 FY23 net profit at Rs. 10.39 crores

Venus Pipes & Tubes Limited has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 127.373 crores during the period ended September 30, 2022 as compared to Rs. 114.178 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 10.391 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 9.11 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 5.31 for the period ended September 30, 2022 as compared to Rs. 4.66 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 127.373 crs ₹114.178 crs Up Tick / Down Tick11.56%
Net Profit ₹10.391 crs ₹9.11 crs Up Tick / Down Tick14.06%
EPS ₹5.31 ₹4.66 Up Tick / Down Tick13.95%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 127.373 crores during the period ended September 30, 2022 as compared to Rs.89.529 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.10.391 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.8.827 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.5.31 for the period ended September 30, 2022 as compared to Rs.6.74 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 127.373 crs ₹89.529 crs Up Tick / Down Tick42.27%
Net Profit ₹10.391 crs ₹8.827 crs Up Tick / Down Tick17.72%
EPS ₹5.31 ₹6.74 Up Tick / Down Tick-21.22%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.241.551 crores during the 6 Months period ended September 30, 2022 as compared to Rs.171.867 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.19.501 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.15.633 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.9.97 for the 6 Months period ended September 30, 2022 as compared to Rs.11.93 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹241.551 crs ₹171.867 crs Up Tick / Down Tick40.55%
Net Profit ₹19.501 crs ₹15.633 crs Up Tick / Down Tick24.74%
EPS ₹9.97 ₹11.93 Up Tick / Down Tick-16.43%

Shares of Venus Pipes & Tubes Limited was last trading in BSE at Rs. 750.15 as compared to the previous close of Rs. 759.95. The total number of shares traded during the day was 8984 in over 748 trades.

The stock hit an intraday high of Rs. 774.95 and intraday low of 742.05. The net turnover during the day was Rs. 6769481.00.

Source : Equity Bulls

Keywords

VenusPipesandTubes Q2FY23 H1FY23 ResultUpdate