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20 ₹ Small-cap Company Reported a 52% Jump In Revenue, Big Chance To Earn Money

In this article, we will delve into the financial results of Vishwaraj Sugar Industries Limited (VSL) for Q4FY23 and FY23. The company has showcased an impressive 52% YoY growth in revenue for Q4FY23, reaching Rs 199 crore compared to Rs 130 crore in Q4FY22. Furthermore, the year-long performance has also been noteworthy, with a 32% YoY increase in revenue, amounting to Rs 616 crore in FY23.

Performance Highlights Q4FY23

Revenue Growth

Vishwaraj Sugar Industries witnessed a remarkable 52% growth in revenue from operations in Q4FY23. The revenue soared to Rs 199 crore, a substantial increase from Rs 130 crore reported in the corresponding period of the previous year (Q4FY22). This growth signifies the company’s ability to effectively capitalize on market opportunities and meet consumer demands.

Profit Before Tax

The profit before tax for Q4FY23 stood at Rs 2.94 crore. This metric showcases the company’s ability to generate profits before accounting for income tax expenses. It indicates Vishwaraj Sugar Industries’ strong operational performance during the quarter.

EBITDA

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reported by Vishwaraj Sugar Industries for Q4FY23 amounted to Rs 13.10 crore. This figure reflects the company’s operating profitability, taking into account various cost components.

PAT

The Profit After Tax (PAT) for Q4FY23 amounted to a negative Rs 46.05 crore, indicating a loss compared to the corresponding period in the previous year. However, it’s important to note that this loss is primarily due to deferred tax adjustments, which are non-cash items and do not affect the company’s cash flow generation.

Performance Highlights FY23

Revenue Growth

Vishwaraj Sugar Industries showcased impressive growth in revenue for the entire fiscal year of 2023. The revenue from operations grew by 32% YoY, reaching Rs 616 crore compared to Rs 469 crore in FY22. This growth demonstrates the company’s ability to consistently capture market opportunities and expand its customer base.

Profit Before Tax

The profit before tax for FY23 amounted to Rs 25.54 crore. This figure signifies the company’s ability to generate profits before accounting for income tax expenses, showcasing its strong financial performance over the year.

EBITDA

Vishwaraj Sugar Industries reported an EBITDA of Rs 69.06 crore for FY23. The EBITDA reflects the company’s operating profitability and its ability to generate earnings from core operations.

PAT

The Profit After Tax (PAT) for FY23 amounted to a negative Rs 23.44 crore, indicating a loss compared to the previous year. However, similar to the Q4FY23 results, this loss is primarily due to deferred tax adjustments, which are non-cash items and do not impact the company’s cash flow generation.

Vishwaraj Sugar Industries owes its robust revenue growth to various factors. The company’s product portfolio, distribution strategies, and dedicated employees have played a pivotal role in achieving strong revenue growth. Despite the reported book loss, which can be attributed to deferred tax adjustments, the company remains optimistic about the future.

On Friday, shares of VSL experienced a surge of 1.09%, reaching Rs 17.57 per share. The intraday trading witnessed a high of Rs 18.45 and a low of Rs 15.76. This positive movement in share price indicates growing investor confidence and interest in the company.

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