Veljan Denison Ltd Q1 FY2024 PAT rises to Rs. 5.18 crore

Veljan Denison Limited 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. 28.8523 crores during the period ended June 30, 2023 as compared to Rs. 27.3658 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.1805 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.4411 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 23.02 for the period ended June 30, 2023 as compared to Rs. 10.85 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 28.8523 crs	₹27.3658 crs	5.43%
Net Profit	₹5.1805 crs	₹2.4411 crs	112.22%
EPS	₹23.02	₹10.85	112.17%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 28.8523 crores during the period ended June 30, 2023 as compared to Rs.28.7769 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.1805 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.5510 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.23.02 for the period ended June 30, 2023 as compared to Rs.20.23 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 28.8523 crs	₹28.7769 crs	0.26%
Net Profit	₹5.1805 crs	₹4.5510 crs	13.83%
EPS	₹23.02	₹20.23	13.79%

Shares of Veljan Denison Limited was last trading in BSE at Rs. 1554.25 as compared to the previous close of Rs. 1611.45. The total number of shares traded during the day was 949 in over 115 trades.

The stock hit an intraday high of Rs. 1600.20 and intraday low of 1515.00. The net turnover during the day was Rs. 1472618.00.

Source : Equity Bulls

Keywords

VeljanDenison Q1FY24 ResultUpdate