Vardhman Polytex Ltd Q1FY24 net profit at Rs. 1.04 crore

Vardhman Polytex 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. 155.3233 crores during the period ended June 30, 2023 as compared to Rs. 165.5708 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.0496 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -7.8880 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.46 for the period ended June 30, 2023 as compared to Rs. -3.54 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 155.3233 crs	₹165.5708 crs	-6.19%
Net Profit	₹1.0496 crs	₹-7.8880 crs	113.31%
EPS	₹0.46	₹-3.54	112.99%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 155.3233 crores during the period ended June 30, 2023 as compared to Rs.260.4749 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.0496 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-10.4052 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.46 for the period ended June 30, 2023 as compared to Rs.-4.67 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 155.3233 crs	₹260.4749 crs	-40.37%
Net Profit	₹1.0496 crs	₹-10.4052 crs	110.09%
EPS	₹0.46	₹-4.67	109.85%

Shares of Vardhman Polytex Limited was last trading in BSE at Rs. 59.90 as compared to the previous close of Rs. 61.05. The total number of shares traded during the day was 14971 in over 23 trades.

The stock hit an intraday high of Rs. 60.00 and intraday low of 59.90. The net turnover during the day was Rs. 898044.00.

Source : Equity Bulls

Keywords

VardhmanPolytex Q1FY24 ResultUpdate