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Virinchi - Quaterly Results

15 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 326.28 millions against Rs. 339.74 millions recorded during the year-ago period.Net profit declined -8.98% to Rs. 29.61 millions from Rs. 32.53 millions.Operating profit for the quarter ended March 2023 rose to 93.71 millions as compared to 72.36 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 326.28 339.74 -3.96 1269.66 1261.65 0.63 1269.66 1261.65 0.63
Other Income 30.79 15.58 97.63 98.11 63.33 54.92 98.11 63.33 54.92
PBIDT 93.71 72.36 29.51 381.39 363.73 4.86 381.39 363.73 4.86
Interest 25.09 15.89 57.90 80.70 54.25 48.76 80.70 54.25 48.76
PBDT 68.62 56.47 21.52 300.69 309.48 -2.84 300.69 309.48 -2.84
Depreciation 37.84 49.88 -24.14 161.61 179.12 -9.78 161.61 179.12 -9.78
PBT 30.78 6.59 367.07 139.08 130.36 6.69 139.08 130.36 6.69
TAX 1.17 -25.94 -104.51 14.78 6.69 120.93 14.78 6.69 120.93
Deferred Tax -6.48 -28.83 -77.52 -26.51 -29.25 -9.37 -26.51 -29.25 -9.37
PAT 29.61 32.53 -8.98 124.30 123.67 0.51 124.30 123.67 0.51
Equity 836.39 793.20 5.45 836.39 793.20 5.45 836.39 793.20 5.45
PBIDTM(%) 28.72 21.30 34.85 30.04 28.83 4.19 30.04 28.83 4.19
Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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