Virinchi Ltd posts consolidated PAT of Rs. 5.55 crore in Q3 FY2024

Virinchi Ltd has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 72.9396 crores during the period ended December 31, 2023 as compared to Rs. 73.0081 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 5.5526 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 1.4714 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.60 for the period ended December 31, 2023 as compared to Rs. 0.14 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 72.9396 crs	₹73.0081 crs	-0.09%
Net Profit	₹5.5526 crs	₹1.4714 crs	277.37%
EPS	₹0.60	₹0.14	328.57%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 72.9396 crores during the period ended December 31, 2023 as compared to Rs.80.4553 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.5526 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.5.9212 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.60 for the period ended December 31, 2023 as compared to Rs.0.73 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 72.9396 crs	₹80.4553 crs	-9.34%
Net Profit	₹5.5526 crs	₹5.9212 crs	-6.23%
EPS	₹0.60	₹0.73	-17.81%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.226.4836 crores during the 9 Months period ended December 31, 2023 as compared to Rs.236.4627 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.11.4336 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.5723 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.1.24 for the 9 Months period ended December 31, 2023 as compared to Rs.0.09 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹226.4836 crs	₹236.4627 crs	-4.22%
Net Profit	₹11.4336 crs	₹0.5723 crs	1,897.83%
EPS	₹1.24	₹0.09	1,277.78%

Shares of Virinchi Ltd was last trading in BSE at Rs. 35.16 as compared to the previous close of Rs. 34.76. The total number of shares traded during the day was 135943 in over 743 trades.

The stock hit an intraday high of Rs. 35.48 and intraday low of 34.25. The net turnover during the day was Rs. 4755994.00.

Source : Equity Bulls

Keywords

Virinchi Q3FY24 9MFY24 ResultUpdate