Virat Industries Ltd Q3 FY2023 profit up at Rs. 55.60 lakhs

VIRAT INDUSTRIES 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. 14.3733 crores during the period ended December 31, 2022 as compared to Rs. 8.0717 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.5560 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.4555 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.11 for the period ended December 31, 2022 as compared to Rs. 0.91 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹14.3733 crs	₹8.0717 crs	78.07%
Net Profit	₹0.5560 crs	₹0.4555 crs	22.06%
EPS	₹1.11	₹0.91	21.98%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.14.3733 crores during the period ended December 31, 2022 as compared to Rs.7.1741 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.5560 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.3986 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.11 for the period ended December 31, 2022 as compared to Rs.0.82 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹14.3733 crs	₹7.1741 crs	100.35%
Net Profit	₹0.5560 crs	₹0.3986 crs	39.49%
EPS	₹1.11	₹0.82	35.37%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.28.2173 crores during the 9 Months period ended December 31, 2022 as compared to Rs.18.0061 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.0854 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.9746 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.16 for the 9 Months period ended December 31, 2022 as compared to Rs.2.02 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹28.2173 crs	₹18.0061 crs	56.71%
Net Profit	₹1.0854 crs	₹0.9746 crs	11.37%
EPS	₹2.16	₹2.02	6.93%

Shares of VIRAT INDUSTRIES LTD. was last trading in BSE at Rs. 237.55 as compared to the previous close of Rs. 243.90. The total number of shares traded during the day was 594 in over 14 trades.

The stock hit an intraday high of Rs. 247.70 and intraday low of 235.20. The net turnover during the day was Rs. 141092.00.

Source : Equity Bulls

Keywords

ViratIndustries Q3FY23 9MFY23 ResultUpdate