Vimta Labs jumps on reporting 36% rise in Q2 consolidated net profit
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Vimta Labs is currently trading at Rs. 401.65, up by 0.80 points or 0.20% from its previous closing of Rs. 400.85 on the BSE.
The scrip opened at Rs. 402.80 and has touched a high and low of Rs. 402.80 and Rs. 380.15 respectively. So far 8838 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 453.00 on 15-Dec-2021 and a 52 week low of Rs. 292.85 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 411.35 and Rs. 380.00 respectively. The current market cap of the company is Rs. 882.06 crore.
The promoters holding in the company stood at 37.46%, while Institutions and Non-Institutions held 2.53% and 60.02% respectively.
Vimta Labs has reported results for second quarter ended September 30, 2022. The company has reported a rise of 37.33% in its net profit at Rs 13.06 crore for the quarter under review as compared to Rs 9.51 crore for the same quarter in the previous year. Total income of the company increased by 6.78% at Rs 79.90 crore for Q2FY23 as compared Rs 74.83 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 35.63% in its net profit at Rs 13.21 crore for the quarter under review as compared to Rs 9.74 crore for the same quarter in the previous year. Total income of the company increased by 6.61% at Rs 80.62 crore for Q2FY23 as compared Rs 75.62 crore for the corresponding quarter previous year.
