Vishal Bearings Ltd posts Rs. 1.29 crore PAT in Q4FY21

Vishal Bearings Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.40.16 crores during the period ended March 31, 2021 as compared to Rs.17.88 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.29 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.(0.8993) crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.20 for the period ended March 31, 2021 as compared to Rs.(0.83) for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 40.16 crs	₹ 17.88 crs	124.61%
Net Profit	₹ 1.29 crs	₹ (0.8993) crs	243.44%
EPS	₹ 1.20	₹ (0.83)	244.58%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.40.16 crores during the period ended March 31, 2021 as compared to Rs.25.72 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.1.29 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.1.02 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.1.20 for the period ended March 31, 2021 as compared to Rs.0.95 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 40.16 crs	₹ 25.72 crs	56.14%
Net Profit	₹ 1.29 crs	₹ 1.02 crs	26.47%
EPS	₹ 1.20	₹ 0.95	26.32%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.58.05 crores during the 12 months period ended March 31, 2021 as compared to Rs.52.68 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.0.3984 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.0.0105 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.0.37 for the 12 months period ended March 31, 2021 as compared to Rs.0.01 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 58.05 crs	₹ 52.68 crs	10.19%
Net Profit	₹ 0.3984 crs	₹ 0.0105 crs	3694.29%
EPS	₹ 0.37	₹0.01	3600%

Shares of Vishal Bearings Ltd was last trading in BSE at Rs.35.3 as compared to the previous close of Rs. 33.9. The total number of shares traded during the day was 900 in over 9 trades.

The stock hit an intraday high of Rs. 35.55 and intraday low of 33.75. The net turnover during the day was Rs. 30751.

Source : Equity Bulls

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