Virinchi Ltd posts jumps in Q4FY23 consolidated PAT to Rs. 12.14 crores

Virinchi Ltd has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 79.1111 crores during the period ended March 31, 2023 as compared to Rs. 80.4553 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 12.1435 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 5.9212 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.47 for the period ended March 31, 2023 as compared to Rs. 0.73 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹79.1111 crs	₹80.4553 crs	-1.67%
Net Profit	₹12.1435 crs	₹5.9212 crs	105.09%
EPS	₹1.47	₹0.73	101.37%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.79.1111 crores during the period ended March 31, 2023 as compared to Rs.81.5397 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.12.1435 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.2.4462 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.47 for the period ended March 31, 2023 as compared to Rs.0.34 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹79.1111 crs	₹81.5397 crs	-2.98%
Net Profit	₹12.1435 crs	₹2.4462 crs	396.42%
EPS	₹1.47	₹0.34	332.35%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.315.5738 crores during the Financial Year ended March 31, 2023 as compared to Rs.366.9392 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.12.7158 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.14.1187 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.1.56 for the Financial Year ended March 31, 2023 as compared to Rs.1.84 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹315.5738 crs	₹366.9392 crs	-14.00%
Net Profit	₹12.7158 crs	₹14.1187 crs	-9.94%
EPS	₹1.56	₹1.84	-15.22%

Shares of Virinchi Ltd was last trading in BSE at Rs. 33.14 as compared to the previous close of Rs. 30.91. The total number of shares traded during the day was 586664 in over 3301 trades.

The stock hit an intraday high of Rs. 35.90 and intraday low of 30.50. The net turnover during the day was Rs. 20071541.00.

Source : Equity Bulls

Keywords

Virinchi Q4FY23 FY2023 ResultUpdate