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Stock Report
Veto Switchgears and Cables Ltd announces Q2FY22, H1FY22 results
Posted On : 2021-11-15 08:59:24( TIMEZONE : IST )
Veto Switchgears and Cables Limited has announced the financial results for the Half Year & quarter ended September 30th, 2021:
The Unaudited Standalone results for the Quarter ended September 30, 2021:
The Company has posted a net profit of Rs. 978.90Lacs for the quarter ended September 30, 2021 as compared to Rs. 372.23 Lacs for the quarter ended September 30, 2020. Which shows 162.97% growth on Year on Year Basis.
The Total Income of the company has Posted Rs. 5770.84 Lacs for the quarter ended September 30, 2021 as compared to Rs. 3933.45 Lacs for the quarter ended September 30,2020. Which shows 46.71% growth on Year on Year Basis.
The Unaudited Standalone results for the Half Year ended September 30, 2021:
The Company has posted a net profit of Rs.1200.92 Lacs for the Half Year ended September 30, 2021 as compared to Rs. 590.18 Lacs for the Half Year ended September 30,2020. Which shows 103.48% growth on Year on Year Basis.
The Total Income of the company has Posted Rs. 8184.60 Lacs for the Half Year ended September 30, 2021 as compared to Rs. 6082.96 Lacs for the Half Year ended September 30,2020. Which shows 34.55% growth on Year on Year Basis.
The Consolidated Results are as follows:
The Unaudited Consolidated results for the Quarter ended September 30, 2021:
The company has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 457.64 Lacs for the Quarter ended September 30, 2021 as compared to Rs. 201.65Lacs for the Quarter ended September 30,2020. Which shows 126.95% growth on Year on Year Basis.
The Total Income of the Company has posted Rs. 7570.80 Lacs for the Quarter ended September 30, 2021 as compared to Rs:4241.92 Lacs for the Quarter ended September 30,2020. Which shows 78.47% growth on Year on Year Basis.
The Unaudited Consolidated results for the half year ended September 30, 2021:
The Company has posted a net profit of Rs. 714.34 Lacs for the Half Year ended September 30, 2021 as compared to Rs. ~7.43 Lacs for the Half Year ended September 30,2020. Which shows 67.12% growth on Year on Year Basis.
The Total Income of the company has Posted Rs. 11800.69Lacs for the Half Year ended September 30,2021 as compared to Rs. 6574.91 Lacs for the Half Year ended Septeinber 30, 2020. Which shows 79.48% growth on Year on Year Basis.
Shares of Veto Switchgears And Cables Limited was last trading in BSE at Rs. 114.10 as compared to the previous close of Rs. 115.75. The total number of shares traded during the day was 8697 in over 341 trades.
The stock hit an intraday high of Rs. 116.20 and intraday low of 114.00. The net turnover during the day was Rs. 999729.00.
