CG-VAK Software and Exports Ltd consolidated Q3FY23 net profit up at Rs. 3.19 crore

CG-VAK SOFTWARE & EXPORTS 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. 20.9616 crores during the period ended December 31, 2022 as compared to Rs. 19.0740 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 3.1973 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.1915 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 6.33 for the period ended December 31, 2022 as compared to Rs. 6.32 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹20.9616 crs	₹19.0740 crs	9.90%
Net Profit	₹3.1973 crs	₹3.1915 crs	0.18%
EPS	₹6.33	₹6.32	0.16%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.20.9616 crores during the period ended December 31, 2022 as compared to Rs.14.0411 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.1973 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.2052 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.6.33 for the period ended December 31, 2022 as compared to Rs.4.37 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹20.9616 crs	₹14.0411 crs	49.29%
Net Profit	₹3.1973 crs	₹2.2052 crs	44.99%
EPS	₹6.33	₹4.37	44.85%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.57.3231 crores during the 9 Months period ended December 31, 2022 as compared to Rs.37.6476 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.9.2865 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.6.0344 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.18.39 for the 9 Months period ended December 31, 2022 as compared to Rs.11.95 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹57.3231 crs	₹37.6476 crs	52.26%
Net Profit	₹9.2865 crs	₹6.0344 crs	53.89%
EPS	₹18.39	₹11.95	53.89%

Shares of CG-VAK SOFTWARE & EXPORTS LTD. was last trading in BSE at Rs. 374.35 as compared to the previous close of Rs. 361.00. The total number of shares traded during the day was 21569 in over 419 trades.

The stock hit an intraday high of Rs. 390.00 and intraday low of 342.00. The net turnover during the day was Rs. 8167118.00.

Source : Equity Bulls

Keywords

CGVAKSoftwareandExports Q3FY23 9MFY23 ResultUpdate