VIP Industries surges on turning black in Q4
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VIP Industries is currently trading at Rs. 595.35, up by 6.95 points or 1.18% from its previous closing of Rs. 588.40 on the BSE.
The scrip opened at Rs. 620.00 and has touched a high and low of Rs. 625.95 and Rs. 590.10 respectively. So far 29554 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 774.50 on 31-Mar-2022 and a 52 week low of Rs. 335.00 on 19-May-2021.
Last one week high and low of the scrip stood at Rs. 654.60 and Rs. 568.05 respectively. The current market cap of the company is Rs. 8418.58 crore.
The promoters holding in the company stood at 50.38%, while Institutions and Non-Institutions held 29.99% and 19.64% respectively.
VIP Industries has reported net profit of Rs 9.07 crore for the quarter ended March 31, 2022 as compared to net loss of Rs 11.89 crore for the same quarter in the previous year. Total income of the company increased by 36.50% at Rs 351.69 crore for Q4FY22 as compared Rs 257.64 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit of Rs 12.39 crore for the quarter ended March 31, 2022 as compared to net loss of Rs 3.78 crore for the same quarter in the previous year. Total income of the company increased by 39.50% at Rs 361.73 crore for Q4FY22 as compared Rs 259.30 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported net profit of Rs 63.73 crore as compared to net loss of Rs 84.53 crore for the previous year. Total income of the company increased by 93.97% at Rs 1,304.58 crore for year under review as compared to Rs 672.58 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit of Rs 66.93 crore as compared to net loss of Rs 97.49 crore for the previous year. Total income of the company increased by 98.81% at Rs 1,325.87 crore for year under review as compared to Rs 666.91 crore for year ended March 31, 2021.
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