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Visco Trade Associates Q1 Results, Revenue Decreases to ₹3,418.41 Lakhs, Profit After Tax Soars to ₹1,873.39 Lakhs
Visco Trade Associates Q1 Results revealed an 8.4% QoQ drop in revenue to ₹3,418.41 lakhs, but a 255.3% QoQ surge in profit after tax to ₹1,873.39 lakhs, Visco Trade Associates Q1 Results show a substantial increase in profitability.
by P Nandhini
Updated Sep 02, 2024
Table of Content
Visco Trade Associates Limited Q1 Results: Visco Trade Associates Limited announced their financial results for the first quarter of the fiscal year 2024-2025 on August 2, 2024. The company reported a total revenue of ₹3,418.41 lakhs for the quarter ended June 30, 2024, marking a slight decrease of 8.4% compared to ₹3,732.88 lakhs in the previous quarter.
Despite this decrease, the company's revenue from operations showed strong performance, with a significant increase in net gain on fair value changes, reaching ₹2,094.60 lakhs, up from ₹267.24 lakhs in the prior quarter.
On the profit front, Visco Trade Associates achieved a substantial improvement, with a profit after tax of ₹1,873.39 lakhs for Q1 2024-2025, compared to ₹527.42 lakhs in the previous quarter, reflecting a robust increase of 255.3%.
The company's earnings per share also saw a notable rise, reaching ₹7.80 for the quarter, up from ₹2.20 in the last quarter. Overall, the company’s performance indicates a positive trend in profitability, despite a minor drop in overall revenue.
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Visco Trade Associates Q1 Results 2024 - 2025
Visco Trade Associates Limited has released its financial results for the first quarter of the fiscal year 2024-2025. The following table provides a summary of their performance for the quarter ended June 30, 2024:
| Particulars | Q1 2024-2025 | Q4 2023-2024 | % Change (QOQ) |
|---|---|---|---|
| Total Revenue from Operations | ₹3,418.41 lakhs | ₹3,732.88 lakhs | -8.4% |
| Other Income | ₹13.12 lakhs | ₹3.09 lakhs | +324.8% |
| Total Income | ₹3,431.53 lakhs | ₹3,735.97 lakhs | -8.1% |
| Profit/(Loss) Before Tax | ₹2,282.64 lakhs | ₹675.02 lakhs | +237.3% |
| Profit/(Loss) After Tax | ₹1,873.39 lakhs | ₹527.42 lakhs | +255.3% |
| Earnings Per Share (Basic) | ₹7.80 | ₹2.20 | +254.5% |
| Paid-up Equity Share Capital | ₹480.28 lakhs | ₹480.28 lakhs | 0% |
Source: Click Here
Visco Trade Associates Current Market Overview
Visco Trade Associates Ltd is currently trading at ₹74.4 per share, with a slight decline of 1.99%. The company's stock is listed on the Bombay Stock Exchange with the ticker BSE: 540097 and has a market capitalization of ₹179 crore.
The stock has fluctuated between a high of ₹77.5 and a low of ₹18.6 recently. It has a price-to-earnings ratio of 4.06, suggesting it is priced relatively low compared to its earnings. The book value per share is ₹21.3, and the company offers a dividend yield of 0.27%.
With a return on capital employed of 47.0% and a return on equity of 95.4%, the company is showing strong financial performance.
| Aspect | Value |
|---|---|
| Current Price | ₹74.4 |
| Change | -1.99% |
| Market Cap | ₹179 Cr. |
| High / Low | ₹77.5 / ₹18.6 |
| Stock P/E | 4.06 |
| Book Value | ₹21.3 |
| Dividend Yield | 0.27% |
| ROCE | 47.0% |
| ROE | 95.4% |
| Face Value | ₹2.00 |
| BSE Ticker | 540097 |
Quarterly Results
Here are the financial results for Visco Trade Associates Ltd for the quarters ending December 2023, March 2024, and June 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales | ₹65 Crores | ₹37 Crores | ₹34 Crores |
| Expenses | ₹48 Crores | ₹29 Crores | ₹10 Crores |
| Operating Profit | ₹17 Crores | ₹8 Crores | ₹24 Crores |
| Operating Profit Margin | 26% | 22% | 71% |
| Profit Before Tax | ₹15 Crores | ₹7 Crores | ₹23 Crores |
| Net Profit | ₹12 Crores | ₹5 Crores | ₹19 Crores |
| Earnings Per Share (EPS) | ₹4.89 | ₹2.20 | ₹7.80 |
About Visco Trade Associates
Visco Trade Associates Limited is a non-banking financial company based in Kolkata, West Bengal. Established on January 3, 1983, the company provides a range of financial services, including investing, trading in securities, and offering loans and advances.
They are involved in the trading of shares, stocks, bonds, and other financial instruments. Visco Trade Associates also has several subsidiaries, such as Chowrasta Stores Pvt. Ltd and Marudhar Vintrade Pvt. Ltd., which contribute to its diverse financial operations.
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Visco Trade Associates Q1 Results - FAQs
1. What were Visco Trade Associates’ total revenues for Q1 2024-2025?
Visco Trade Associates reported total revenues of ₹3,418.41 lakhs for Q1 2024-2025.
2. How did Visco Trade Associates’ revenue compare to the previous quarter?
Visco Trade Associates’ revenue decreased by 8.4% compared to the previous quarter.
3. What was the net gain on fair value changes for Visco Trade Associates in Q1 2024-2025?
The net gain on fair value changes for Visco Trade Associates was ₹2,094.60 lakhs.
4. How much was Visco Trade Associates’ profit after tax for Q1 2024-2025?
Visco Trade Associates’ profit after tax was ₹1,873.39 lakhs.
5. What was Visco Trade Associates’ earnings per share (EPS) for Q1 2024-2025?
The earnings per share for Visco Trade Associates was ₹7.80.
6. What was the profit before tax for Visco Trade Associates in Q1 2024-2025?
Visco Trade Associates reported a profit before tax of ₹2,282.64 lakhs.
7. What was the total income for Visco Trade Associates in Q1 2024-2025?
The total income for Visco Trade Associates was ₹3,431.53 lakhs.
8. What was Visco Trade Associates’ operating profit for Q1 2024-2025?
The operating profit for Visco Trade Associates was ₹2,282.64 lakhs.
9. What was the total revenue from operations for Visco Trade Associates in Q1 2024-2025?
The total revenue from operations for Visco Trade Associates was ₹3,418.41 lakhs.