Stock Report

Venus Pipes and Tubes Ltd Q3 FY2023 net profit up at Rs. 11.27 crores



Posted On : 2023-01-31 22:50:14( TIMEZONE : IST )

Venus Pipes and Tubes Ltd Q3 FY2023 net profit up at Rs. 11.27 crores

Venus Pipes & Tubes Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 136.420 crores during the period ended December 31, 2022 as compared to Rs. 127.373 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 11.277 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 10.391 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 5.77 for the period ended December 31, 2022 as compared to Rs. 5.31 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹136.420 crs ₹127.373 crs Up Tick / Down Tick7.10%
Net Profit ₹11.277 crs ₹10.391 crs Up Tick / Down Tick8.53%
EPS ₹5.77 ₹5.31 Up Tick / Down Tick8.66%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.136.420 crores during the period ended December 31, 2022 as compared to Rs.106.413 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.11.277 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.962 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.5.77 for the period ended December 31, 2022 as compared to Rs.5.67 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹136.420 crs ₹106.413 crs Up Tick / Down Tick28.20%
Net Profit ₹11.277 crs ₹7.962 crs Up Tick / Down Tick41.64%
EPS ₹5.77 ₹5.67 Up Tick / Down Tick1.76%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.377.971 crores during the 9 Months period ended December 31, 2022 as compared to Rs.278.280 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.30.778 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.23.595 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.15.74 for the 9 Months period ended December 31, 2022 as compared to Rs.16.80 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹377.971 crs ₹278.280 crs Up Tick / Down Tick35.82%
Net Profit ₹30.778 crs ₹23.595 crs Up Tick / Down Tick30.44%
EPS ₹15.74 ₹16.80 Up Tick / Down Tick-6.31%

Shares of Venus Pipes & Tubes Limited was last trading in BSE at Rs. 730.85 as compared to the previous close of Rs. 729.40. The total number of shares traded during the day was 691 in over 129 trades.

The stock hit an intraday high of Rs. 740.00 and intraday low of 729.70. The net turnover during the day was Rs. 505481.00.

Source : Equity Bulls

Keywords

VenusPipesandTubes Q3FY23 9MFY23 ResultUpdate