Vishal Fabrics Ltd Q1FY24 PAT slumps to Rs. 2.31 crore

Vishal Fabrics Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 328.3580 crores during the period ended June 30, 2023 as compared to Rs. 379.0292 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.3185 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 10.6723 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.117 for the period ended June 30, 2023 as compared to Rs. 0.540 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 328.3580 crs	₹379.0292 crs	-13.37%
Net Profit	₹2.3185 crs	₹10.6723 crs	-78.28%
EPS	₹0.117	₹0.540	-78.33%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 328.3580 crores during the period ended June 30, 2023 as compared to Rs.443.0387 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.3185 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.18.9585 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.117 for the period ended June 30, 2023 as compared to Rs.0.959 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 328.3580 crs	₹443.0387 crs	-25.89%
Net Profit	₹2.3185 crs	₹18.9585 crs	-87.77%
EPS	₹0.117	₹0.959	-87.80%

Shares of Vishal Fabrics Limited was last trading in BSE at Rs. 17.13 as compared to the previous close of Rs. 16.67. The total number of shares traded during the day was 54697 in over 638 trades.

The stock hit an intraday high of Rs. 17.43 and intraday low of 16.80. The net turnover during the day was Rs. 934960.00.

Source : Equity Bulls

Keywords

VishalFabrics Q1FY24 ResultUpdate