Valson Industries Ltd Q1 FY23 net profit at Rs. 3.21 lakhs

VALSON INDUSTRIES LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 34.7955 crores during the period ended June 30, 2022 as compared to Rs. 33.4432 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0321 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.1382 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.04 for the period ended June 30, 2022 as compared to Rs. 0.18 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 34.7955 crs	₹33.4432 crs	4.04%
Net Profit	₹0.0321 crs	₹0.1382 crs	-76.77%
EPS	₹0.04	₹0.18	-77.78%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 34.7955 crores during the period ended June 30, 2022 as compared to Rs.21.7687 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0321 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.8660 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.04 for the period ended June 30, 2022 as compared to Rs.-1.13 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 34.7955 crs	₹21.7687 crs	59.84%
Net Profit	₹0.0321 crs	₹-0.8660 crs	103.71%
EPS	₹0.04	₹-1.13	103.54%

Shares of VALSON INDUSTRIES LTD. was last trading in BSE at Rs. 18.45 as compared to the previous close of Rs. 20.10. The total number of shares traded during the day was 15695 in over 64 trades.

The stock hit an intraday high of Rs. 20.00 and intraday low of 17.90. The net turnover during the day was Rs. 285811.00.

Source : Equity Bulls

Keywords

ValsonIndustries Q1FY23 ResultUpdate