Vidhi Specialty Food Ingredients Ltd consolidated Q1FY24 net profit drops to Rs. 8.36 crore

Vidhi Specialty Food Ingredients 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. 80.2840 crores during the period ended June 30, 2023 as compared to Rs. 90.0727 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 8.3664 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 8.7839 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.68 for the period ended June 30, 2023 as compared to Rs. 1.75 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 80.2840 crs	₹90.0727 crs	-10.87%
Net Profit	₹8.3664 crs	₹8.7839 crs	-4.75%
EPS	₹1.68	₹1.75	-4.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 80.2840 crores during the period ended June 30, 2023 as compared to Rs.121.0701 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.8.3664 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.11.0124 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.68 for the period ended June 30, 2023 as compared to Rs.2.21 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 80.2840 crs	₹121.0701 crs	-33.69%
Net Profit	₹8.3664 crs	₹11.0124 crs	-24.03%
EPS	₹1.68	₹2.21	-23.98%

Shares of Vidhi Specialty Food Ingredients Limited was last trading in BSE at Rs. 410.35 as compared to the previous close of Rs. 422.95. The total number of shares traded during the day was 6569 in over 590 trades.

The stock hit an intraday high of Rs. 420.10 and intraday low of 399.60. The net turnover during the day was Rs. 2689250.00.

Source : Equity Bulls

Keywords

VidhiSpecialtyFoodIngredients Q1FY24 ResultUpdate