Vedavaag Systems Ltd consolidated Q1FY24 PAT at Rs. 1.47 crore

VEDAVAAG SYSTEMS LTD. 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. 16.7712 crores during the period ended June 30, 2023 as compared to Rs. 19.4804 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.4717 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.4992 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.642 for the period ended June 30, 2023 as compared to Rs. 0.654 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 16.7712 crs	₹19.4804 crs	-13.91%
Net Profit	₹1.4717 crs	₹1.4992 crs	-1.83%
EPS	₹0.642	₹0.654	-1.83%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 16.7712 crores during the period ended June 30, 2023 as compared to Rs.23.0722 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.4717 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.4474 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.642 for the period ended June 30, 2023 as compared to Rs.1.07 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 16.7712 crs	₹23.0722 crs	-27.31%
Net Profit	₹1.4717 crs	₹2.4474 crs	-39.87%
EPS	₹0.642	₹1.07	-40.00%

Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs. 52.22 as compared to the previous close of Rs. 51.49. The total number of shares traded during the day was 32338 in over 178 trades.

The stock hit an intraday high of Rs. 52.99 and intraday low of 50.13. The net turnover during the day was Rs. 1672850.00.

Source : Equity Bulls

Keywords

VedavaagSystems Q1FY24 ResultUpdate