Voltamp Transformers Ltd reports surge in Q2FY23 net profit to Rs. 45.93 crores

Voltamp Transformers 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. 333.5519 crores during the period ended September 30, 2022 as compared to Rs. 269.7381 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 45.9351 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 26.6827 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 45.40 for the period ended September 30, 2022 as compared to Rs. 26.37 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 333.5519 crs	₹269.7381 crs	23.66%
Net Profit	₹45.9351 crs	₹26.6827 crs	72.15%
EPS	₹45.40	₹26.37	72.17%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 333.5519 crores during the period ended September 30, 2022 as compared to Rs.277.3670 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.45.9351 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.35.0777 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.45.40 for the period ended September 30, 2022 as compared to Rs.34.67 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 333.5519 crs	₹277.3670 crs	20.26%
Net Profit	₹45.9351 crs	₹35.0777 crs	30.95%
EPS	₹45.40	₹34.67	30.95%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.603.29 crores during the 6 Months period ended September 30, 2022 as compared to Rs.452.5395 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.72.6178 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.50.8627 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.71.78 for the 6 Months period ended September 30, 2022 as compared to Rs.50.27 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹603.29 crs	₹452.5395 crs	33.31%
Net Profit	₹72.6178 crs	₹50.8627 crs	42.77%
EPS	₹71.78	₹50.27	42.79%

Shares of Voltamp Transformers Limited was last trading in BSE at Rs. 3014.15 as compared to the previous close of Rs. 2833.00. The total number of shares traded during the day was 2911 in over 852 trades.

The stock hit an intraday high of Rs. 3044.95 and intraday low of 2988.85. The net turnover during the day was Rs. 8756895.00.

Source : Equity Bulls

Keywords

VoltampTransformers Q2FY23 H1FY23 ResultUpdate