Veto Switchgears and Cables Ltd consolidated Q1FY24 PAT up QoQ at Rs. 4.84 crores

Veto Switchgears And Cables 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. 67.3773 crores during the period ended June 30, 2023 as compared to Rs. 85.9512 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.8478 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.9990 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.56 for the period ended June 30, 2023 as compared to Rs. 1.15 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 67.3773 crs	₹85.9512 crs	-21.61%
Net Profit	₹4.8478 crs	₹1.9990 crs	142.51%
EPS	₹2.56	₹1.15	122.61%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 67.3773 crores during the period ended June 30, 2023 as compared to Rs.60.1972 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.8478 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.6.4288 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.56 for the period ended June 30, 2023 as compared to Rs.3.40 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 67.3773 crs	₹60.1972 crs	11.93%
Net Profit	₹4.8478 crs	₹6.4288 crs	-24.59%
EPS	₹2.56	₹3.40	-24.71%

Shares of Veto Switchgears And Cables Limited was last trading in BSE at Rs. 121.95 as compared to the previous close of Rs. 121.55. The total number of shares traded during the day was 40993 in over 839 trades.

The stock hit an intraday high of Rs. 124.10 and intraday low of 114.85. The net turnover during the day was Rs. 4911931.00.

Source : Equity Bulls

Keywords

VetoSwitchgearsandCables Q1FY24 ResultUpdate