Hot Pursuit     28-Feb-23
Vesuvius India drops as Q4 PAT slides 23% YoY
Vesuvius India tumbled 10.96% to Rs 1,603.05 after the company's net profit declined 23.41% to Rs 27.64 crore on 1.46% decrease in revenue from operations to Rs 346.19 crore in Q4 CY22 over Q4 CY21.

Profit before tax in Q4 CY22 stood at Rs 37.32 crore, down 23.1% from Rs 48.53 crore recorded in the corresponding quarter previous year.

On full year basis, the company's net profit surged 71.62% to Rs 116.79 crore on 28.12% jump in gross sales to Rs 1,335.21 crore in CY22 over CY21.

The company's board has recommended a dividend of Rs 8.25 per equity share for the financial year ended 31 December 2022. The record date for the same is fixed on Wednesday, 26 April 2023.

The board of directors of the company has approved the appointment Rohit Baheti as the chief financial officer (CFO) with effect from 27 February 2023.

Vesuvius India is engaged in the business of manufacturing, trading and sale of a range of refractories and is having its manufacturing facilities located in India.

Previous News
  Vesuvius India standalone net profit rises 106.48% in the December 2023 quarter
 ( Results - Announcements 10-Feb-24   07:37 )
  Board of Vesuvius India recommends Final Dividend
 ( Corporate News - 10-Feb-24   10:53 )
  Vesuvius India to convene AGM
 ( Corporate News - 10-Feb-24   12:43 )
  Vesuvius India standalone net profit rises 23.50% in the June 2016 quarter
 ( Results - Announcements 08-Aug-16   15:01 )
  Vesuvius India standalone net profit rises 46.50% in the March 2022 quarter
 ( Results - Announcements 07-May-22   08:06 )
  Vesuvius India to hold board meeting
 ( Corporate News - 26-Mar-16   15:34 )
  Vesuvius India hits record high after robust Q2 outcome
 ( Hot Pursuit - 08-Aug-16   13:49 )
  Vesuvius India
 ( Results - Analysis 20-Apr-11   10:17 )
  Vesuvius India
 ( Results - Analysis 01-Mar-12   14:47 )
  Board of Vesuvius India approves change in MD
 ( Corporate News - 20-Jun-24   13:10 )
  Vesuvius India
 ( Results - Analysis 30-Apr-24   08:48 )
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