Valiant Communications Q1 Results Total Revenue Hits ₹13.66 Crores

Valiant Communications Q1 Results: Valiant Communications recently released its financial results for the first quarter ending in June 2024. The company's total revenue for this period was ₹13.66 crores, which shows an increase compared to ₹9.36 crores in the previous quarter (March 2023) and ₹9.66 crores in the same quarter last year (June 2023). This growth indicates that the company is making more money from its sales. The selling, general, and administrative expenses were ₹1.80 crores, slightly up from ₹1.69 crores in the previous quarter but higher than ₹1.55 crores from the same quarter last year. Depreciation and amortization remained stable at ₹0.61 crores, which is similar to last quarter and up from ₹0.54 crores last year.

Valiant Communications’ Total operating expenses rose to ₹10.02 crores, an increase from ₹8.29 crores in the previous quarter and ₹8.56 crores last year. However, the operating income significantly improved to ₹3.64 crores, compared to ₹1.07 crores last quarter and ₹1.10 crores last year. The net income before taxes reached ₹4.15 crores, which is much higher than ₹1.08 crores last quarter and ₹1.19 crores last year. Finally, the net income for this quarter was ₹3.12 crores, up from ₹0.88 crores last quarter and ₹0.89 crores last year, with a diluted normalized EPS of ₹4.09. 

Here are the quarterly financial results for Valiant Communications for Q1, presented in a table format:

(Rs. in crores)

Source: Here 

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Valiant Communications Q1 Results

The table presents the financial results of Valiant Communications for different periods, showing how much money the company earned and spent. In the quarter that ended on June 30, 2024, Valiant Communications made a total income of ₹1,421.85 lacs. This income includes ₹1,365.65 lacs from their main operations and ₹56.20 lacs from other sources. The company had expenses of ₹1,006.69 lacs, which means they spent money on raw materials, employee salaries, and other costs. After subtracting the expenses from the income, Valiant Communications had a profit of ₹415.16 lacs before paying taxes.

Valiant Communications paid ₹102.93 lacs in taxes, which left them with a net profit of ₹312.23 lacs for that quarter. Additionally, there is something called "Other Comprehensive Income," which is money the company made or lost from certain activities that aren't part of their main business. This amounted to ₹6.02 lacs. When this is added to the net profit, the total comprehensive income for the period was ₹318.25 lacs.

Here is the financial data you provided, organized in a clear table format for better readability:

(Rs. in Lacs)

Valiant Communications Stock Performance

Valiant Communications is a company with a market capitalization of ₹481 crore, indicating its overall value in the stock market. The current share price is ₹630, and the stock has seen a high of ₹732 and a low of ₹235 in its recent trading. The Price-to-Earnings (P/E) ratio is 57.1, showing how much investors are willing to pay for each rupee of profit. The book value is ₹68, representing the company's net asset value per share. The dividend yield is 0.00%, meaning it does not pay dividends to shareholders. 

Here's a summary of the financial information you provided, formatted in a clear table:

Quarterly Results 

The table for Valiant Communications shows their financial performance over three months: December 2023, March 2024, and June 2024. In December 2023, the company made ₹12.27 crores in sales but increased to ₹13.31 crores in March and reached ₹13.66 crores by June. Their expenses were ₹9.80 crores in December and remained stable, showing good control. The operating profit grew significantly, from ₹2.47 crores in December to ₹4.25 crores in June, indicating better efficiency. The net profit also increased from ₹1.38 crores to ₹3.12 crores, reflecting overall growth. 

Here are the quarterly results for December 2023, March 2024, and June 2024 with the key particulars:

About Valiant Communications 

Valiant Communications (VCL) is a company that makes communication and cybersecurity equipment used in many industries worldwide. Founded to provide reliable solutions, VCL has installations in over 110 countries. The company is certified with important quality standards, ensuring its products meet high standards of safety and efficiency. VCL offers a wide range of technology solutions for different sectors, including power utilities, oil and gas, railways, and defense. Their products include routers, multiplexers, and cybersecurity solutions, designed to protect and connect systems effectively.

Valiant Communications also focuses on synchronization technologies, which help devices work together accurately. With a commitment to innovation and quality, VCL aims to provide end-to-end solutions that meet the needs of their clients in various industries. Overall, VCL plays a crucial role in ensuring communication and safety in critical applications across the globe.