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Valecha Engg. reports Profit after tax of Rs -17.50 Mln, in the June 2023 quarter

23 Aug 2023 Evaluate
The sales is pegged at Rs. 125.20 millions for the June 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 140.00 millions during the year-ago period.The Net Loss for the quarter ended June 2023 is Rs. -17.50 millions as compared to Net Loss of Rs. -4.30 millions of corresponding quarter ended June 2022 Operating profit Margin for the quarter ended June 2023 further decreased to -15.50% as compared to -2.80% of corresponding quarter ended June 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 125.20 140.00 -10.57 125.20 140.00 -10.57 900.70 2308.10 -60.98
Other Income 2.10 8.40 -75.00 2.10 8.40 -75.00 36.10 79.60 -54.65
PBIDT -15.50 -2.80 453.57 -15.50 -2.80 453.57 -169.20 29.40 -675.51
Interest 0.70 0.20 250.00 0.70 0.20 250.00 1.90 2.10 -9.52
PBDT -16.20 -3.00 440.00 -16.20 -3.00 440.00 -171.10 27.30 -726.74
Depreciation 1.30 1.30 0.00 1.30 1.30 0.00 5.40 4.00 35.00
PBT -17.50 -4.30 306.98 -17.50 -4.30 306.98 -176.50 23.30 -857.51
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -17.50 -4.30 306.98 -17.50 -4.30 306.98 -176.50 23.30 -857.51
Equity 225.30 225.30 0.00 225.30 225.30 0.00 225.30 225.30 0.00
PBIDTM(%) -12.38 -2.00 519.01 -12.38 -2.00 519.01 -18.79 1.27 -1574.75
Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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