Stock Report

Varroc Engineering Ltd consolidated Q4FY23 PAT up at Rs. 39.62 crores

Posted On : 2023-05-23 18:55:31( TIMEZONE : IST )

Varroc Engineering Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1711.254 crores during the period ended March 31, 2023 as compared to Rs. 1725.783 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 39.623 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 20.404 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.59 for the period ended March 31, 2023 as compared to Rs. 1.34 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹1711.254 crs	₹1725.783 crs	-0.84%
Net Profit	₹39.623 crs	₹20.404 crs	94.19%
EPS	₹2.59	₹1.34	93.28%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1711.254 crores during the period ended March 31, 2023 as compared to Rs.1661.546 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.39.623 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-285.322 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.59 for the period ended March 31, 2023 as compared to Rs.-18.68 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹1711.254 crs	₹1661.546 crs	2.99%
Net Profit	₹39.623 crs	₹-285.322 crs	113.89%
EPS	₹2.59	₹-18.68	113.87%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.6920.947 crores during the Financial Year ended March 31, 2023 as compared to Rs.5878.134 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-819.835 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-1109.879 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-53.66 for the Financial Year ended March 31, 2023 as compared to Rs.-72.64 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹6920.947 crs	₹5878.134 crs	17.74%
Net Profit	₹-819.835 crs	₹-1109.879 crs	26.13%
EPS	₹-53.66	₹-72.64	26.13%

Shares of Varroc Engineering Limited was last trading in BSE at Rs. 313.45 as compared to the previous close of Rs. 296.55. The total number of shares traded during the day was 91571 in over 5048 trades.

The stock hit an intraday high of Rs. 327.00 and intraday low of 294.65. The net turnover during the day was Rs. 28563368.00.