Stock Report

Vijay Solvex Ltd posts fall in Q2 FY24 consolidated PAT to Rs. 25.04 lakhs



Posted On : 2023-11-15 10:46:08( TIMEZONE : IST )

Vijay Solvex Ltd posts fall in Q2 FY24 consolidated PAT to Rs. 25.04 lakhs

VIJAY SOLVEX LTD. has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 476.7088 crores during the period ended September 30, 2023 as compared to Rs. 436.3792 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.2504 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.6483 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.78 for the period ended September 30, 2023 as compared to Rs. 5.15 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹476.7088 crs ₹436.3792 crs Up Tick / Down Tick9.24%
Net Profit ₹0.2504 crs ₹1.6483 crs Up Tick / Down Tick-84.81%
EPS ₹0.78 ₹5.15 Up Tick / Down Tick-84.85%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.476.7088 crores during the period ended September 30, 2023 as compared to Rs.590.9397 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.2504 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.7.9986 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.78 for the period ended September 30, 2023 as compared to Rs.24.99 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹476.7088 crs ₹590.9397 crs Up Tick / Down Tick-19.33%
Net Profit ₹0.2504 crs ₹7.9986 crs Up Tick / Down Tick-96.87%
EPS ₹0.78 ₹24.99 Up Tick / Down Tick-96.88%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.913.0880 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1248.8572 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.8987 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.12.8097 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.5.93 for the 6 Months period ended September 30, 2023 as compared to Rs.40.01 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹913.0880 crs ₹1248.8572 crs Up Tick / Down Tick-26.89%
Net Profit ₹1.8987 crs ₹12.8097 crs Up Tick / Down Tick-85.18%
EPS ₹5.93 ₹40.01 Up Tick / Down Tick-85.18%

Shares of VIJAY SOLVEX LTD. was last trading in BSE at Rs. 819.05 as compared to the previous close of Rs. 832.70. The total number of shares traded during the day was 1499 in over 114 trades.

The stock hit an intraday high of Rs. 835.00 and intraday low of 791.10. The net turnover during the day was Rs. 1211635.00.

Source : Equity Bulls

Keywords

VijaySolvex Q2FY24 H1FY24 ResultUpdate