V-Mart Retail Ltd posts net profit of Rs. 19.97 crores in Q3FY23

V-Mart Retail 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. 777.58 crores during the period ended December 31, 2022 as compared to Rs. 508.8136 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 19.9721 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -11.3135 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 10.08 for the period ended December 31, 2022 as compared to Rs. -5.74 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹777.58 crs	₹508.8136 crs	52.82%
Net Profit	₹19.9721 crs	₹-11.3135 crs	276.53%
EPS	₹10.08	₹-5.74	275.61%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.777.58 crores during the period ended December 31, 2022 as compared to Rs.694.6142 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.19.9721 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.57.1125 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.10.08 for the period ended December 31, 2022 as compared to Rs.28.82 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹777.58 crs	₹694.6142 crs	11.94%
Net Profit	₹19.9721 crs	₹57.1125 crs	-65.03%
EPS	₹10.08	₹28.82	-65.02%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1878.3644 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1218.5692 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.29.1107 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.14.2535 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.14.69 for the 9 Months period ended December 31, 2022 as compared to Rs.7.20 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1878.3644 crs	₹1218.5692 crs	54.15%
Net Profit	₹29.1107 crs	₹14.2535 crs	104.24%
EPS	₹14.69	₹7.20	104.03%

Shares of V-Mart Retail Limited was last trading in BSE at Rs. 2696.60 as compared to the previous close of Rs. 2712.20. The total number of shares traded during the day was 890 in over 345 trades.

The stock hit an intraday high of Rs. 2770.15 and intraday low of 2682.75. The net turnover during the day was Rs. 2422992.00.

Source : Equity Bulls

Keywords

VMartRetail Q3FY23 9MFY23 ResultUpdate