V-Guard Industries Ltd posts consolidated profit of Rs. 39.28 crores

V-Guard Industries 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. 986.8724 crores during the period ended December 31, 2022 as compared to Rs. 989.4269 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 39.2862 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 43.6633 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.90 for the period ended December 31, 2022 as compared to Rs. 1 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹986.8724 crs	₹989.4269 crs	-0.26%
Net Profit	₹39.2862 crs	₹43.6633 crs	-10.02%
EPS	₹0.90	₹1	-10.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.986.8724 crores during the period ended December 31, 2022 as compared to Rs.970.0726 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.39.2862 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.53.9198 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.90 for the period ended December 31, 2022 as compared to Rs.1.22 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹986.8724 crs	₹970.0726 crs	1.73%
Net Profit	₹39.2862 crs	₹53.9198 crs	-27.14%
EPS	₹0.90	₹1.22	-26.23%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2999.7063 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2449.1004 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.136.3193 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.138.8617 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.13 for the 9 Months period ended December 31, 2022 as compared to Rs.3.18 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2999.7063 crs	₹2449.1004 crs	22.48%
Net Profit	₹136.3193 crs	₹138.8617 crs	-1.83%
EPS	₹3.13	₹3.18	-1.57%

Shares of V-Guard Industries Limited was last trading in BSE at Rs. 245.75 as compared to the previous close of Rs. 246.90. The total number of shares traded during the day was 10382 in over 863 trades.

The stock hit an intraday high of Rs. 249.95 and intraday low of 243.30. The net turnover during the day was Rs. 2562143.00.

Source : Equity Bulls

Keywords

VGuardIndustries Q3FY23 9MFY23 ResultUpdate