Varun Mercantile Ltd Q1 FY24 net profit at Rs. 1.95 lakhs

has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.0746 crores during the period ended June 30, 2023 as compared to Rs. 0.0680 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0195 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0192 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.10 for the period ended June 30, 2023 as compared to Rs. 0.10 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.0746 crs	₹0.0680 crs	9.71%
Net Profit	₹0.0195 crs	₹0.0192 crs	1.56%
EPS	₹0.10	₹0.10	0.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.0746 crores during the period ended June 30, 2023 as compared to Rs.0.0614 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0195 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0154 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.10 for the period ended June 30, 2023 as compared to Rs.0.08 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.0746 crs	₹0.0614 crs	21.50%
Net Profit	₹0.0195 crs	₹0.0154 crs	26.62%
EPS	₹0.10	₹0.08	25.00%

Source : Equity Bulls

Keywords

VarunMercantile Q1FY24 ResultUpdate