VBC Ferro Alloys Ltd Q1FY24 net profit at Rs. 15.84 lakhs

VBC FERRO ALLOYS LTD. 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. 10.5038 crores during the period ended June 30, 2023 as compared to Rs. 49.1074 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.1584 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 4.2069 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.10 for the period ended June 30, 2023 as compared to Rs. 2.57 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹10.5038 crs	₹49.1074 crs	-78.61%
Net Profit	₹0.1584 crs	₹4.2069 crs	-96.23%
EPS	₹0.10	₹2.57	-96.11%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.10.5038 crores during the period ended June 30, 2023 as compared to Rs.56.4799 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.1584 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.7152 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2023 as compared to Rs.2.27 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹10.5038 crs	₹56.4799 crs	-81.40%
Net Profit	₹0.1584 crs	₹3.7152 crs	-95.74%
EPS	₹0.10	₹2.27	-95.59%

Shares of VBC FERRO ALLOYS LTD. was last trading in BSE at Rs. 51.49 as compared to the previous close of Rs. 49.05. The total number of shares traded during the day was 3727 in over 20 trades.

The stock hit an intraday high of Rs. 51.50 and intraday low of 49.10. The net turnover during the day was Rs. 191417.00.

Source : Equity Bulls

Keywords

VBCFerroAlloys Q1FY24 ResultUpdate