Veto Switchgears and Cables posts consolidated Q3FY22 PAT rises to Rs. 8.07 crores

Veto Switchgears And Cables Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 71.6604 crores during the period ended December 31, 2021 as compared to Rs. 75.7080 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 8.0799 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 4.5107 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 4.26 for the period ended December 31, 2021 as compared to Rs. 2.39 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹71.6604 crs	₹75.7080 crs	-5.35%
Net Profit	₹8.0799 crs	₹4.5107 crs	79.13%
EPS	₹4.26	₹2.39	78.24%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.71.6604 crores during the period ended December 31, 2021 as compared to Rs.51.4350 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.8.0799 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.5.9704 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.4.26 for the period ended December 31, 2021 as compared to Rs.3.12 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹71.6604 crs	₹51.4350 crs	39.32%
Net Profit	₹8.0799 crs	₹5.9704 crs	35.33%
EPS	₹4.26	₹3.12	36.54%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.189.6673 crores during the 9 Months period ended December 31, 2021 as compared to Rs.117.1841 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.15.1395 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.10.2447 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.7.99 for the 9 Months period ended December 31, 2021 as compared to Rs.5.36 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹189.6673 crs	₹117.1841 crs	61.85%
Net Profit	₹15.1395 crs	₹10.2447 crs	47.78%
EPS	₹7.99	₹5.36	49.07%

Shares of Veto Switchgears And Cables Limited was last trading in BSE at Rs. 110.40 as compared to the previous close of Rs. 111.85. The total number of shares traded during the day was 11029 in over 379 trades.

The stock hit an intraday high of Rs. 111.80 and intraday low of 107.40. The net turnover during the day was Rs. 1211967.00.

Source : Equity Bulls

Keywords

VetoSwitchgearsandCables Q3FY22 9MFY22 ResultUpdate