Vedant Fashions Ltd posts consolidated Q1FY24 PAT of Rs. 91.94 crores

Vedant Fashions Limited 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. 326.60 crores during the period ended June 30, 2023 as compared to Rs. 355.061 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 91.945 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 108.866 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.79 for the period ended June 30, 2023 as compared to Rs. 4.49 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 326.60 crs	₹355.061 crs	-8.02%
Net Profit	₹91.945 crs	₹108.866 crs	-15.54%
EPS	₹3.79	₹4.49	-15.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 326.60 crores during the period ended June 30, 2023 as compared to Rs.332.065 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.91.945 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.100.871 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.79 for the period ended June 30, 2023 as compared to Rs.4.16 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 326.60 crs	₹332.065 crs	-1.65%
Net Profit	₹91.945 crs	₹100.871 crs	-8.85%
EPS	₹3.79	₹4.16	-8.89%

Shares of Vedant Fashions Limited was last trading in BSE at Rs. 1244.75 as compared to the previous close of Rs. 1281.55. The total number of shares traded during the day was 2465 in over 602 trades.

The stock hit an intraday high of Rs. 1289.25 and intraday low of 1241.00. The net turnover during the day was Rs. 3113926.00.

Source : Equity Bulls

Keywords

VedantFashions Q1FY24 ResultUpdate