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VB Desai Fin.Service - Quaterly Results

20 May 2022 Evaluate
A decrease in the sales to Rs. 5.84 millions was observed for the quarter ended March 2022. The sales stood at Rs. 6.70 millions during the similar quarter previous year.Net profit of the cmpany stood at Rs. 0.94 millions for the quarter ended March 2022 a decline of -49.46% from Rs. 1.86 millions  in the same quarter last year.Operating Profit reported a sharp decline to 1.32 millions from 2.19 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 5.84 6.70 -12.84 26.57 20.14 31.93 26.57 20.14 31.93
Other Income 0.46 1.01 -54.46 1.55 1.43 8.39 1.55 1.43 8.39
PBIDT 1.32 2.19 -39.73 4.94 3.24 52.47 4.94 3.24 52.47
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 1.32 2.19 -39.73 4.94 3.24 52.47 4.94 3.24 52.47
Depreciation 0.02 0.02 0.00 0.07 0.06 16.67 0.07 0.06 16.67
PBT 1.30 2.17 -40.09 4.87 3.18 53.14 4.87 3.18 53.14
TAX 0.36 0.31 16.13 1.29 1.23 4.88 1.29 1.23 4.88
Deferred Tax -0.08 -0.02 300.00 -0.07 0.01 -800.00 -0.07 0.01 -800.00
PAT 0.94 1.86 -49.46 3.58 1.95 83.59 3.58 1.95 83.59
Equity 45.38 45.38 0.00 45.38 45.38 0.00 45.38 45.38 0.00
PBIDTM(%) 22.60 32.69 -30.85 18.59 16.09 15.57 18.59 16.09 15.57
Peers
Company Name CMP
Bajaj Finserv 1702.75
TVS Holdings 11222.85
Cholamandalam Fin. 1360.95
Altius Telecom Infra 171.48
Kama Holdings 2263.80
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