Stock Report

Vedant Fashions Ltd Q3 FY2023-24 consolidated profit rises to Rs. 157.71 crores



Posted On : 2024-01-25 15:13:28( TIMEZONE : IST )

Vedant Fashions Ltd Q3 FY2023-24 consolidated profit rises to Rs. 157.71 crores

Vedant Fashions Limited 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. 489.924 crores during the period ended December 31, 2023 as compared to Rs. 233.414 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 157.711 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 48.723 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 6.50 for the period ended December 31, 2023 as compared to Rs. 2.01 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 489.924 crs ₹233.414 crs Up Tick / Down Tick109.89%
Net Profit ₹157.711 crs ₹48.723 crs Up Tick / Down Tick223.69%
EPS ₹6.50 ₹2.01 Up Tick / Down Tick223.38%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 489.924 crores during the period ended December 31, 2023 as compared to Rs.451.408 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.157.711 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.150.351 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.6.50 for the period ended December 31, 2023 as compared to Rs.6.19 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 489.924 crs ₹451.408 crs Up Tick / Down Tick8.53%
Net Profit ₹157.711 crs ₹150.351 crs Up Tick / Down Tick4.90%
EPS ₹6.50 ₹6.19 Up Tick / Down Tick5.01%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1049.938 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1040.110 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.298.379 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.320.242 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.12.29 for the 9 Months period ended December 31, 2023 as compared to Rs.13.19 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1049.938 crs ₹1040.110 crs Up Tick / Down Tick0.94%
Net Profit ₹298.379 crs ₹320.242 crs Up Tick / Down Tick-6.83%
EPS ₹12.29 ₹13.19 Up Tick / Down Tick-6.82%

Shares of Vedant Fashions Limited was last trading in BSE at Rs. 1070.35 as compared to the previous close of Rs. 1061.45. The total number of shares traded during the day was 17114 in over 2071 trades.

The stock hit an intraday high of Rs. 1085.00 and intraday low of 1045.00. The net turnover during the day was Rs. 18130412.00.

Source : Equity Bulls

Keywords

VedantFashions Q3FY24 9MFY24 ResultUpdate