Vippy Spinpro Ltd Q4 FY2024 net profit surges to Rs. 2.77 crore

VIPPY SPINPRO LTD. has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 63.7067 crores during the period ended March 31, 2024 as compared to Rs. 60.2354 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 2.7768 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 0.7675 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 4.73 for the period ended March 31, 2024 as compared to Rs. 1.31 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 63.7067 crs	₹60.2354 crs	5.76%
Net Profit	₹2.7768 crs	₹0.7675 crs	261.80%
EPS	₹4.73	₹1.31	261.07%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 63.7067 crores during the period ended March 31, 2024 as compared to Rs.47.5774 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.2.7768 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.0.2193 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.4.73 for the period ended March 31, 2024 as compared to Rs.0.37 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 63.7067 crs	₹47.5774 crs	33.90%
Net Profit	₹2.7768 crs	₹0.2193 crs	1,166.21%
EPS	₹4.73	₹0.37	1,178.38%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.250.5131 crores during the Financial Year ended March 31, 2024 as compared to Rs.157.4453 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.4.3549 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.10.7147 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.7.42 for the Financial Year ended March 31, 2024 as compared to Rs.18.25 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹250.5131 crs	₹157.4453 crs	59.11%
Net Profit	₹4.3549 crs	₹10.7147 crs	-59.36%
EPS	₹7.42	₹18.25	-59.34%

Shares of VIPPY SPINPRO LTD. was last trading in BSE at Rs. 161.65 as compared to the previous close of Rs. 159.95. The total number of shares traded during the day was 520 in over 16 trades.

The stock hit an intraday high of Rs. 164.75 and intraday low of 156.10. The net turnover during the day was Rs. 83893.00.

Source : Equity Bulls

Keywords

VippySpinpro Q4FY24 FY2024 ResultUpdate