Vadilal Enterprises Ltd swings to net profit of Rs. 1.58 crore in Q3FY23

VADILAL ENTERPRISES LTD. 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. 118.6162 crores during the period ended December 31, 2022 as compared to Rs. 215.3378 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.5843 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -2.7305 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 18.37 for the period ended December 31, 2022 as compared to Rs. -31.65 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹118.6162 crs	₹215.3378 crs	-44.92%
Net Profit	₹1.5843 crs	₹-2.7305 crs	158.02%
EPS	₹18.37	₹-31.65	158.04%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.118.6162 crores during the period ended December 31, 2022 as compared to Rs.88.6784 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.5843 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-4.4854 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.18.37 for the period ended December 31, 2022 as compared to Rs.-51.99 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹118.6162 crs	₹88.6784 crs	33.76%
Net Profit	₹1.5843 crs	₹-4.4854 crs	135.32%
EPS	₹18.37	₹-51.99	135.33%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.750.8978 crores during the 9 Months period ended December 31, 2022 as compared to Rs.388.5947 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.4655 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.6.4978 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.167.68 for the 9 Months period ended December 31, 2022 as compared to Rs.75.32 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹750.8978 crs	₹388.5947 crs	93.23%
Net Profit	₹14.4655 crs	₹6.4978 crs	122.62%
EPS	₹167.68	₹75.32	122.62%

Shares of VADILAL ENTERPRISES LTD. was last trading in BSE at Rs. 3593.95 as compared to the previous close of Rs. 3624.35. The total number of shares traded during the day was 143 in over 24 trades.

The stock hit an intraday high of Rs. 3594.95 and intraday low of 3445.00. The net turnover during the day was Rs. 495377.00.

Source : Equity Bulls

Keywords

VadilalEnterprises Q3FY23 9MFY23 ResultUpdate