Vedant Fashions Ltd consolidated Q3 FY2023 PAT jumps to Rs. 150.35 crores

Vedant Fashions Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 451.408 crores during the period ended December 31, 2022 as compared to Rs. 256.637 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 150.351 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 69.02 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 6.19 for the period ended December 31, 2022 as compared to Rs. 2.84 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹451.408 crs	₹256.637 crs	75.89%
Net Profit	₹150.351 crs	₹69.02 crs	117.84%
EPS	₹6.19	₹2.84	117.96%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.451.408 crores during the period ended December 31, 2022 as compared to Rs.396.122 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.150.351 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.127.803 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.6.19 for the period ended December 31, 2022 as compared to Rs.5.23 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹451.408 crs	₹396.122 crs	13.96%
Net Profit	₹150.351 crs	₹127.803 crs	17.64%
EPS	₹6.19	₹5.23	18.36%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1040.110 crores during the 9 Months period ended December 31, 2022 as compared to Rs.783.412 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.320.242 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.226.210 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.13.19 for the 9 Months period ended December 31, 2022 as compared to Rs.9.25 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1040.110 crs	₹783.412 crs	32.77%
Net Profit	₹320.242 crs	₹226.210 crs	41.57%
EPS	₹13.19	₹9.25	42.59%

Shares of Vedant Fashions Limited was last trading in BSE at Rs. 1159.00 as compared to the previous close of Rs. 1140.45. The total number of shares traded during the day was 3947 in over 1045 trades.

The stock hit an intraday high of Rs. 1164.00 and intraday low of 1120.05. The net turnover during the day was Rs. 4553962.00.

Source : Equity Bulls

Keywords

VedantFashions Q3FY23 9MFY23 ResultUpdate