Vedant Fashions reports consolidated Q3FY22 PAT of Rs. 127.80 crores

Vedant Fashions 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. 396.122 crores during the period ended December 31, 2021 as compared to Rs. 208.806 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 127.803 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 53.220 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 5.23 for the period ended December 31, 2021 as compared to Rs. 2.17 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 396.122 crs	₹208.806 crs	89.71%
Net Profit	₹127.803 crs	₹53.220 crs	140.14%
EPS	₹5.23	₹2.17	141.01%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 396.122 crores during the period ended December 31, 2021 as compared to Rs.315.305 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.127.803 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.102.947 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.5.23 for the period ended December 31, 2021 as compared to Rs.4.15 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 396.122 crs	₹315.305 crs	25.63%
Net Profit	₹127.803 crs	₹102.947 crs	24.14%
EPS	₹5.23	₹4.15	26.02%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.783.412 crores during the 9 Months period ended December 31, 2021 as compared to Rs.424.199 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.226.210 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.85.30 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.9.25 for the 9 Months period ended December 31, 2021 as compared to Rs.3.44 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹783.412 crs	₹424.199 crs	84.68%
Net Profit	₹226.210 crs	₹85.30 crs	165.19%
EPS	₹9.25	₹3.44	168.90%

Shares of Vedant Fashions Limited was last trading in BSE at Rs. 892.35 as compared to the previous close of Rs. 836.85. The total number of shares traded during the day was 48038 in over 3900 trades.

The stock hit an intraday high of Rs. 899.80 and intraday low of 832.50. The net turnover during the day was Rs. 42265134.00.

Source : Equity Bulls

Keywords

VedantFashions Q3FY22 9MFY22 ResultUpdate