V B Desai Financial Services Ltd Q1FY22 PAT at Rs. 16.09 lakhs

V.B.Desai Financial Services Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.0.8784 crores during the period ended June 30, 2021 as compared to Rs.0.7715 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.1609 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.186 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.33 for the period ended June 30, 2021 as compared to Rs.0.41 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.8784 crs	₹ 0.7715 crs	13.86%
Net Profit	₹ 0.1609 crs	₹ 0.186 crs	-13.49%
EPS	₹ 0.33	₹ 0.41	-19.51%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.0.8784 crores during the period ended June 30, 2021 as compared to Rs.0.6596 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.1609 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0253 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.33 for the period ended June 30, 2021 as compared to Rs.0.06 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.8784 crs	₹ 0.6596 crs	33.17%
Net Profit	₹ 0.1609 crs	₹ 0.0253 crs	535.97%
EPS	₹ 0.33	₹ 0.06	450%

Shares of V.B.Desai Financial Services Ltd was last trading in BSE at Rs. 5.62 as compared to the previous close of Rs. 5.91. The total number of shares traded during the day was 102 in over 5 trades.

The stock hit an intraday high of Rs. 5.75 and intraday low of 5.62. The net turnover during the day was Rs. 573.

Source : Equity Bulls

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