Vitesse Agro Ltd posts loss of Rs. 1.72 lakhs in Q4FY23

Vitesse Agro Ltd has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.3380 crores during the period ended March 31, 2023 as compared to Rs. 4.4717 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -0.0172 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.0090 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -0.04 for the period ended March 31, 2023 as compared to Rs. 0.02 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹4.3380 crs	₹4.4717 crs	-2.99%
Net Profit	₹-0.0172 crs	₹0.0090 crs	-291.11%
EPS	₹-0.04	₹0.02	-300.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.4.3380 crores during the period ended March 31, 2023 as compared to Rs.4.9312 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-0.0172 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-0.1475 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-0.04 for the period ended March 31, 2023 as compared to Rs.-0.33 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹4.3380 crs	₹4.9312 crs	-12.03%
Net Profit	₹-0.0172 crs	₹-0.1475 crs	88.34%
EPS	₹-0.04	₹-0.33	87.88%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.17.6112 crores during the Financial Year ended March 31, 2023 as compared to Rs.18.8375 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.01 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.0.5069 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.0.02 for the Financial Year ended March 31, 2023 as compared to Rs.1.12 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹17.6112 crs	₹18.8375 crs	-6.51%
Net Profit	₹0.01 crs	₹0.5069 crs	-98.03%
EPS	₹0.02	₹1.12	-98.21%

Shares of Vitesse Agro Ltd was last trading in BSE at Rs. 18.62 as compared to the previous close of Rs. 19.37. The total number of shares traded during the day was 3063 in over 29 trades.

The stock hit an intraday high of Rs. 20.25 and intraday low of 18.41. The net turnover during the day was Rs. 58638.00.

Source : Equity Bulls

Keywords

VitesseAgro Q4FY23 FY2023 ResultUpdate