Valiant Organics Ltd consolidated Q1FY24 net profit slides to Rs. 12.42 crores

Valiant Organics 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. 205.0556 crores during the period ended June 30, 2023 as compared to Rs. 274.1910 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 12.4242 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 29.7597 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 4.44 for the period ended June 30, 2023 as compared to Rs. 10.64 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 205.0556 crs	₹274.1910 crs	-25.21%
Net Profit	₹12.4242 crs	₹29.7597 crs	-58.25%
EPS	₹4.44	₹10.64	-58.27%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 205.0556 crores during the period ended June 30, 2023 as compared to Rs.267.8786 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.12.4242 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.15.4305 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.4.44 for the period ended June 30, 2023 as compared to Rs.5.52 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 205.0556 crs	₹267.8786 crs	-23.45%
Net Profit	₹12.4242 crs	₹15.4305 crs	-19.48%
EPS	₹4.44	₹5.52	-19.57%

Shares of Valiant Organics Limited was last trading in BSE at Rs. 536.15 as compared to the previous close of Rs. 539.15. The total number of shares traded during the day was 12779 in over 788 trades.

The stock hit an intraday high of Rs. 546.45 and intraday low of 534.35. The net turnover during the day was Rs. 6887642.00.

Source : Equity Bulls

Keywords

ValiantOrganics Q1FY24 ResultUpdate