Stock Report

Varroc Engineering Ltd Q3 FY2023 consolidated net profit at Rs. 20.40 crores



Posted On : 2023-02-07 20:05:36( TIMEZONE : IST )

Varroc Engineering Ltd Q3 FY2023 consolidated net profit at Rs. 20.40 crores

Varroc Engineering Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1725.783 crores during the period ended December 31, 2022 as compared to Rs. 1846.570 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 20.404 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -795.021 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.34 for the period ended December 31, 2022 as compared to Rs. -52.04 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹1725.783 crs ₹1846.570 crs Up Tick / Down Tick-6.54%
Net Profit ₹20.404 crs ₹-795.021 crs Up Tick / Down Tick102.57%
EPS ₹1.34 ₹-52.04 Up Tick / Down Tick102.57%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1725.783 crores during the period ended December 31, 2022 as compared to Rs.1497.103 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.20.404 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-295.983 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.34 for the period ended December 31, 2022 as compared to Rs.-19.37 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹1725.783 crs ₹1497.103 crs Up Tick / Down Tick15.27%
Net Profit ₹20.404 crs ₹-295.983 crs Up Tick / Down Tick106.89%
EPS ₹1.34 ₹-19.37 Up Tick / Down Tick106.92%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5209.693 crores during the 9 Months period ended December 31, 2022 as compared to Rs.4216.588 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-859.458 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-824.556 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-56.25 for the 9 Months period ended December 31, 2022 as compared to Rs.-53.96 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹5209.693 crs ₹4216.588 crs Up Tick / Down Tick23.55%
Net Profit ₹-859.458 crs ₹-824.556 crs Up Tick / Down Tick4.23%
EPS ₹-56.25 ₹-53.96 Up Tick / Down Tick4.24%

Shares of Varroc Engineering Limited was last trading in BSE at Rs. 289.85 as compared to the previous close of Rs. 282.65. The total number of shares traded during the day was 13648 in over 710 trades.

The stock hit an intraday high of Rs. 295.90 and intraday low of 281.00. The net turnover during the day was Rs. 3908140.00.

Source : Equity Bulls

Keywords

VarrocEngineering Q3FY23 9MFY23 ResultUpdate