SVP Global Textiles Ltd Q1FY23 consolidated loss at Rs. 37.15 crores

SVP GLOBAL VENTURES LTD. has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 280.4845 crores during the period ended June 30, 2022 as compared to Rs. 411.8582 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -37.1529 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 39.1871 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -2.94 for the period ended June 30, 2022 as compared to Rs. 3.10 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 280.4845 crs	₹411.8582 crs	-31.90%
Net Profit	₹-37.1529 crs	₹39.1871 crs	-194.81%
EPS	₹-2.94	₹3.10	-194.84%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 280.4845 crores during the period ended June 30, 2022 as compared to Rs.549.0972 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-37.1529 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-49.9807 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-2.94 for the period ended June 30, 2022 as compared to Rs.-3.91 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 280.4845 crs	₹549.0972 crs	-48.92%
Net Profit	₹-37.1529 crs	₹-49.9807 crs	25.67%
EPS	₹-2.94	₹-3.91	24.81%

Shares of SVP GLOBAL VENTURES LTD. was last trading in BSE at Rs. 36.50 as compared to the previous close of Rs. 36.15. The total number of shares traded during the day was 17954 in over 169 trades.

The stock hit an intraday high of Rs. 37.20 and intraday low of 34.60. The net turnover during the day was Rs. 655190.00.

Source : Equity Bulls

Keywords

SVPGlobalTextiles Q1FY23 ResultUpdate