Veranda Learning Solutions Ltd consolidated Q1 FY2024 loss reduces to Rs. 19.32 crores

Veranda Learning Solutions Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 70.4817 crores during the period ended June 30, 2023 as compared to Rs. 48.8002 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -19.3286 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -38.6785 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -3.14 for the period ended June 30, 2023 as compared to Rs. -6.28 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 70.4817 crs	₹48.8002 crs	44.43%
Net Profit	₹-19.3286 crs	₹-38.6785 crs	50.03%
EPS	₹-3.14	₹-6.28	50.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 70.4817 crores during the period ended June 30, 2023 as compared to Rs.28.6316 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-19.3286 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-20.0684 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-3.14 for the period ended June 30, 2023 as compared to Rs.-3.65 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 70.4817 crs	₹28.6316 crs	146.17%
Net Profit	₹-19.3286 crs	₹-20.0684 crs	3.69%
EPS	₹-3.14	₹-3.65	13.97%

Shares of Veranda Learning Solutions Limited was last trading in BSE at Rs. 211.10 as compared to the previous close of Rs. 209.20. The total number of shares traded during the day was 2994 in over 192 trades.

The stock hit an intraday high of Rs. 216.00 and intraday low of 210.85. The net turnover during the day was Rs. 638802.00.

Source : Equity Bulls

Keywords

VerandaLearningSolutions Q1FY24 ResultUpdate