Stock Report

Varroc Engineering reports Rs. 265.15 crores consolidated loss in Q3FY22



Posted On : 2022-02-15 18:16:03( TIMEZONE : IST )

Varroc Engineering reports Rs. 265.15 crores consolidated loss in Q3FY22

Varroc Engineering 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. 3149.753 crores during the period ended December 31, 2021 as compared to Rs. 3042.476 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -265.157 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -298.279 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -17.35 for the period ended December 31, 2021 as compared to Rs. -19.52 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 3149.753 crs ₹3042.476 crs Up Tick / Down Tick3.53%
Net Profit ₹-265.157 crs ₹-298.279 crs Up Tick / Down Tick11.10%
EPS ₹-17.35 ₹-19.52 Up Tick / Down Tick11.12%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 3149.753 crores during the period ended December 31, 2021 as compared to Rs.3514.587 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-265.157 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-138.725 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-17.35 for the period ended December 31, 2021 as compared to Rs.-10.29 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 3149.753 crs ₹3514.587 crs Up Tick / Down Tick-10.38%
Net Profit ₹-265.157 crs ₹-138.725 crs Up Tick / Down Tick91.14%
EPS ₹-17.35 ₹-10.29 Up Tick / Down Tick68.61%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.9149.187 crores during the 9 Months period ended December 31, 2021 as compared to Rs.7778.584 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-793.721 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-486.506 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-51.95 for the 9 Months period ended December 31, 2021 as compared to Rs.-36.09 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹9149.187 crs ₹7778.584 crs Up Tick / Down Tick17.62%
Net Profit ₹-793.721 crs ₹-486.506 crs Up Tick / Down Tick63.15%
EPS ₹-51.95 ₹-36.09 Up Tick / Down Tick43.95%

Shares of Varroc Engineering Limited was last trading in BSE at Rs. 395.00 as compared to the previous close of Rs. 378.25. The total number of shares traded during the day was 63498 in over 2497 trades.

The stock hit an intraday high of Rs. 403.15 and intraday low of 353.50. The net turnover during the day was Rs. 24504323.00.

Source : Equity Bulls

Keywords

VarrocEngineering Q3FY22 9MFY22 ResultUpdate