Vaibhav Global reported a consolidated profit-after-tax of INR 39 for the third quarter ended December 2022. The group had reported a profit after tax of INR 69 crore in the year-round period. The net profit witnessed a drop of 43% during the same tenure.
Its revenue for the quarter under review declined by 3% to INR 724 crore as against INR 750 crore in the corresponding period of the previous year (October-December 2020), a regulatory filing showed. However, its total expenses also shot up to INR 662 crore in the same quarter, up from INR 665 crore in the year-ago period, the BSE filing showed. The EPS too dropped to INR 2.36