Vapi Enterprise Ltd Reports 22% Decline in Q1 Net Profit
Vapi Enterprise's Q1 financial results show a decline in performance. Total income decreased by 18.61% to Rs. 50.25 lacs, while net profit after tax fell by 22.22% to Rs. 27.75 lacs compared to the same quarter last year. Earnings per share dropped to Rs. 1.22, a 29.89% decrease. The company's total expenses reduced by 22.91% to Rs. 39.75 lacs. The results were approved by the Board of Directors on August 11 after review by the Audit Committee.