Parshwanath Corporation Ltd posts PAT of Rs. 8.57 lakhs in Q1FY22

Parshwanath Corporation Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.0.2203 crores during the period ended June 30, 2021 as compared to Rs.0.2669 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.0857 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0743 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.27 for the period ended June 30, 2021 as compared to Rs.0.24 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.2203 crs	₹ 0.2669 crs	-17.46%
Net Profit	₹ 0.0857 crs	₹ 0.0743 crs	15.34%
EPS	₹ 0.27	₹ 0.24	12.5%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.0.2203 crores during the period ended June 30, 2021 as compared to Rs.0.1602 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.0857 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0389 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.27 for the period ended June 30, 2021 as compared to Rs.0.12 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.2203 crs	₹ 0.1602 crs	37.52%
Net Profit	₹ 0.0857 crs	₹ 0.0389 crs	120.31%
EPS	₹ 0.27	₹ 0.12	125%

Shares of Parshwanath Corporation Limited was last trading in BSE at Rs. 24.15 as compared to the previous close of Rs. 23. The total number of shares traded during the day was 2400 in over 7 trades.

The stock hit an intraday high of Rs. 24.15 and intraday low of 24.15. The net turnover during the day was Rs. 57960.

Source : Equity Bulls

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