Virinchi Ltd posts consolidated PAT of Rs. 5.92 crores in Q3 FY23

Virinchi Ltd 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. 80.4553 crores during the period ended December 31, 2022 as compared to Rs. 79.8638 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 5.9213 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -3.5391 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.73 for the period ended December 31, 2022 as compared to Rs. -0.43 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹80.4553 crs	₹79.8638 crs	0.74%
Net Profit	₹5.9213 crs	₹-3.5391 crs	267.31%
EPS	₹0.73	₹-0.43	269.77%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.80.4553 crores during the period ended December 31, 2022 as compared to Rs.83.5489 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5.9213 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.6.3078 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.73 for the period ended December 31, 2022 as compared to Rs.1.58 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹80.4553 crs	₹83.5489 crs	-3.70%
Net Profit	₹5.9213 crs	₹6.3078 crs	-6.13%
EPS	₹0.73	₹1.58	-53.80%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.236.4627 crores during the 9 Months period ended December 31, 2022 as compared to Rs.285.3995 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5723 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.11.6726 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.09 for the 9 Months period ended December 31, 2022 as compared to Rs.2.94 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹236.4627 crs	₹285.3995 crs	-17.15%
Net Profit	₹0.5723 crs	₹11.6726 crs	-95.10%
EPS	₹0.09	₹2.94	-96.94%

Shares of Virinchi Ltd was last trading in BSE at Rs. 38.75 as compared to the previous close of Rs. 39.00. The total number of shares traded during the day was 118238 in over 441 trades.

The stock hit an intraday high of Rs. 40.25 and intraday low of 38.20. The net turnover during the day was Rs. 4604573.00.

Source : Equity Bulls

Keywords

Virinchi Q3FY23 9MFY23 ResultUpdate