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Venky s share plunge 9% on 60% YoY decline in Q1 net profit

Venkys reported a profit after tax (PAT) of Rs 19.41 crore in the said quarter versus Rs 49.28 crore in Q1FY23. The profit before tax (PBT) was at Rs 26.64 crore in the June 2023 quarter. The company reported a revenue of Rs 985.63 crore in the April-June 2023 quarter, which was lower than Rs 106.50 crore posted by the company in the March quarter and Rs 120.45 crore posted in Q1FY23

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