Vishal Bearings Ltd Q1 FY2024 net profit at Rs. 1.12 crore

Vishal Bearings 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. 28.2223 crores during the period ended June 30, 2023 as compared to Rs. 25.5129 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.1277 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.6389 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.32 for the period ended June 30, 2023 as compared to Rs. 1.43 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 28.2223 crs	₹25.5129 crs	10.62%
Net Profit	₹1.1277 crs	₹1.6389 crs	-31.19%
EPS	₹1.32	₹1.43	-7.69%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 28.2223 crores during the period ended June 30, 2023 as compared to Rs.24.0567 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.1277 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.8778 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.32 for the period ended June 30, 2023 as compared to Rs.-1.12 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 28.2223 crs	₹24.0567 crs	17.32%
Net Profit	₹1.1277 crs	₹-0.8778 crs	228.47%
EPS	₹1.32	₹-1.12	217.86%

Shares of Vishal Bearings Ltd was last trading in BSE at Rs. 166.75 as compared to the previous close of Rs. 164.40. The total number of shares traded during the day was 11295 in over 493 trades.

The stock hit an intraday high of Rs. 170.80 and intraday low of 160.00. The net turnover during the day was Rs. 1864292.00.

Source : Equity Bulls

Keywords

VishalBearings Q1FY24 ResultUpdate