V-Mart Retail Ltd Q1 FY2023-24 loss at Rs. 21.94 crores

V-Mart Retail 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. 680.0276 crores during the period ended June 30, 2023 as compared to Rs. 601.4417 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -21.9454 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -36.9597 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -11.10 for the period ended June 30, 2023 as compared to Rs. -18.70 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 680.0276 crs	₹601.4417 crs	13.07%
Net Profit	₹-21.9454 crs	₹-36.9597 crs	40.62%
EPS	₹-11.10	₹-18.70	40.64%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 680.0276 crores during the period ended June 30, 2023 as compared to Rs.591.9708 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-21.9454 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.20.4521 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-11.10 for the period ended June 30, 2023 as compared to Rs.10.35 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 680.0276 crs	₹591.9708 crs	14.88%
Net Profit	₹-21.9454 crs	₹20.4521 crs	-207.30%
EPS	₹-11.10	₹10.35	-207.25%

Shares of V-Mart Retail Limited was last trading in BSE at Rs. 2392.70 as compared to the previous close of Rs. 2310.65. The total number of shares traded during the day was 2860 in over 960 trades.

The stock hit an intraday high of Rs. 2407.00 and intraday low of 2297.05. The net turnover during the day was Rs. 6734891.00.

Source : Equity Bulls

Keywords

VMartRetail Q1FY24 ResultUpdate