Voltamp Transformers Ltd posts surge in Q3FY24 net profit to Rs. 94.61 crores

Voltamp Transformers Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 433.2815 crores during the period ended December 31, 2023 as compared to Rs. 399.3020 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 94.6130 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 68.4408 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 93.52 for the period ended December 31, 2023 as compared to Rs. 67.65 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 433.2815 crs	₹399.3020 crs	8.51%
Net Profit	₹94.6130 crs	₹68.4408 crs	38.24%
EPS	₹93.52	₹67.65	38.24%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 433.2815 crores during the period ended December 31, 2023 as compared to Rs.371.1989 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.94.6130 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.50.7569 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.93.52 for the period ended December 31, 2023 as compared to Rs.50.17 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 433.2815 crs	₹371.1989 crs	16.72%
Net Profit	₹94.6130 crs	₹50.7569 crs	86.40%
EPS	₹93.52	₹50.17	86.41%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1177.8035 crores during the 9 Months period ended December 31, 2023 as compared to Rs.974.4874 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.213.8313 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.123.3747 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.211.36 for the 9 Months period ended December 31, 2023 as compared to Rs.121.95 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1177.8035 crs	₹974.4874 crs	20.86%
Net Profit	₹213.8313 crs	₹123.3747 crs	73.32%
EPS	₹211.36	₹121.95	73.32%

Shares of Voltamp Transformers Limited was last trading in BSE at Rs. 7216.40 as compared to the previous close of Rs. 7191.90. The total number of shares traded during the day was 3352 in over 1322 trades.

The stock hit an intraday high of Rs. 7732.75 and intraday low of 7053.75. The net turnover during the day was Rs. 24752441.00.

Source : Equity Bulls

Keywords

VoltampTransformers Q3FY24 9MFY24 ResultUpdate