Home / BUSINESS / Venky’s slips on reporting 41.52% fall in Q4 net profit

Venky’s slips on reporting 41.52% fall in Q4 net profit

Venky’s (India) is currently trading at Rs. 1766.00, down by 56.15 points or 3.08% from its previous closing of Rs. 1822.15 on the BSE.

The scrip opened at Rs. 1817.00 and has touched a high and low of Rs. 1817.00 and Rs. 1750.00 respectively. So far 4536 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 3650.00 on 11-May-2018 and a 52 week low of Rs. 1,750.00 on 13-May-2019.

Last one week high and low of the scrip stood at Rs. 2056.00 and Rs. 1750.00 respectively. The current market cap of the company is Rs. 2491.70 crore.

The promoters holding in the company stood at 56.11%, while Institutions and Non-Institutions held 4.26% and 39.64% respectively.

Venky’s (India) has reported a fall of 41.52% in its net profit at Rs 29.94 crore for the quarter ended March 31, 2019 as compared to Rs 51.20 crore for the same quarter in the previous year. However, total income of the company increased by 11.76% at Rs 838.42 crore for quarter under review as compared to Rs 750.18 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a fall of 12.80% in its net profit at Rs 174.14 crore as compared to Rs 199.71 crore for the previous year. However, total income of company increased 13.15% at Rs 3,072.15 crore for year under review as compared to Rs 2,715.03 crore for year ended March 31, 2018.

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