Stock Report

Vardhman Polytex Ltd posts jump in Q3FY23 net profit to Rs. 16.51 crores



Posted On : 2023-02-14 23:36:05( TIMEZONE : IST )

Vardhman Polytex Ltd posts jump in Q3FY23 net profit to Rs. 16.51 crores

Vardhman Polytex 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. 93.7194 crores during the period ended December 31, 2022 as compared to Rs. 101.9035 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 16.5180 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 3.2668 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 7.41 for the period ended December 31, 2022 as compared to Rs. 1.47 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹93.7194 crs ₹101.9035 crs Up Tick / Down Tick-8.03%
Net Profit ₹16.5180 crs ₹3.2668 crs Up Tick / Down Tick405.63%
EPS ₹7.41 ₹1.47 Up Tick / Down Tick404.08%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.93.7194 crores during the period ended December 31, 2022 as compared to Rs.244.7827 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.16.5180 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-6.4641 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.7.41 for the period ended December 31, 2022 as compared to Rs.-2.90 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹93.7194 crs ₹244.7827 crs Up Tick / Down Tick-61.71%
Net Profit ₹16.5180 crs ₹-6.4641 crs Up Tick / Down Tick355.53%
EPS ₹7.41 ₹-2.90 Up Tick / Down Tick355.52%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.456.0978 crores during the 9 Months period ended December 31, 2022 as compared to Rs.653.0023 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.9.3794 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-8.7869 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.21 for the 9 Months period ended December 31, 2022 as compared to Rs.-3.94 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹456.0978 crs ₹653.0023 crs Up Tick / Down Tick-30.15%
Net Profit ₹9.3794 crs ₹-8.7869 crs Up Tick / Down Tick206.74%
EPS ₹4.21 ₹-3.94 Up Tick / Down Tick206.85%

Shares of Vardhman Polytex Limited was last trading in BSE at Rs. 19.85 as compared to the previous close of Rs. 20.10. The total number of shares traded during the day was 7166 in over 108 trades.

The stock hit an intraday high of Rs. 20.50 and intraday low of 19.55. The net turnover during the day was Rs. 142669.00.

Source : Equity Bulls

Keywords

VardhmanPolytex Q3FY23 9MFY23 ResultUpdate