Virinchi Ltd consolidated Q1FY24 net profit at Rs. 4.40 crore

Virinchi Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 80.5359 crores during the period ended June 30, 2023 as compared to Rs. 79.1111 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.4099 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 12.1435 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.51 for the period ended June 30, 2023 as compared to Rs. 1.47 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹80.5359 crs	₹79.1111 crs	1.80%
Net Profit	₹4.4099 crs	₹12.1435 crs	-63.69%
EPS	₹0.51	₹1.47	-65.31%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.80.5359 crores during the period ended June 30, 2023 as compared to Rs.76.1436 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.4099 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-1.8098 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.51 for the period ended June 30, 2023 as compared to Rs.-0.22 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹80.5359 crs	₹76.1436 crs	5.77%
Net Profit	₹4.4099 crs	₹-1.8098 crs	343.67%
EPS	₹0.51	₹-0.22	331.82%

Shares of Virinchi Ltd was last trading in BSE at Rs. 36.44 as compared to the previous close of Rs. 38.14. The total number of shares traded during the day was 237036 in over 848 trades.

The stock hit an intraday high of Rs. 39.28 and intraday low of 36.24. The net turnover during the day was Rs. 8783128.00.

Source : Equity Bulls

Keywords

Virinchi Q1FY24 ResultUpdate