Vishal Fabrics Ltd posts Rs. 12.02 crores profit in Q3FY23

Vishal Fabrics 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. 385.7869 crores during the period ended December 31, 2022 as compared to Rs. 344.0395 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 12.0262 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 11.1608 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.61 for the period ended December 31, 2022 as compared to Rs. 0.56 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹385.7869 crs	₹344.0395 crs	12.13%
Net Profit	₹12.0262 crs	₹11.1608 crs	7.75%
EPS	₹0.61	₹0.56	8.93%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.385.7869 crores during the period ended December 31, 2022 as compared to Rs.427.3415 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.12.0262 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.19.3701 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.61 for the period ended December 31, 2022 as compared to Rs.0.98 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹385.7869 crs	₹427.3415 crs	-9.72%
Net Profit	₹12.0262 crs	₹19.3701 crs	-37.91%
EPS	₹0.61	₹0.98	-37.76%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1172.8651 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1122.3759 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.42.1455 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.49.3803 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.13 for the 9 Months period ended December 31, 2022 as compared to Rs.2.50 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1172.8651 crs	₹1122.3759 crs	4.50%
Net Profit	₹42.1455 crs	₹49.3803 crs	-14.65%
EPS	₹2.13	₹2.50	-14.80%

Shares of Vishal Fabrics Limited was last trading in BSE at Rs. 19.65 as compared to the previous close of Rs. 20.65. The total number of shares traded during the day was 150221 in over 1041 trades.

The stock hit an intraday high of Rs. 20.65 and intraday low of 19.20. The net turnover during the day was Rs. 2968480.00.

Source : Equity Bulls

Keywords

VishalFabrics Q3FY23 9MFY23 ResultUpdate