Praxis Home Retail Q3FY22 profit climbs to Rs. 10.06 crore

Praxis Home Retail Limited has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 144.0194 crores during the period ended December 31, 2021 as compared to Rs. 134.3336 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 10.0656 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 6.7714 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 2.26 for the period ended December 31, 2021 as compared to Rs. 2.14 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 144.0194 crs	₹134.3336 crs	7.21%
Net Profit	₹10.0656 crs	₹6.7714 crs	48.65%
EPS	₹2.26	₹2.14	5.61%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 144.0194 crores during the period ended December 31, 2021 as compared to Rs.141.9730 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.10.0656 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-15.4147 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.2.26 for the period ended December 31, 2021 as compared to Rs.-5.57 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 144.0194 crs	₹141.9730 crs	1.44%
Net Profit	₹10.0656 crs	₹-15.4147 crs	165.30%
EPS	₹2.26	₹-5.57	140.57%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.348.8185 crores during the 9 Months period ended December 31, 2021 as compared to Rs.261.9886 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.11.9440 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-89.0085 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.2.70 for the 9 Months period ended December 31, 2021 as compared to Rs.-32.21 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹348.8185 crs	₹261.9886 crs	33.14%
Net Profit	₹11.9440 crs	₹-89.0085 crs	113.42%
EPS	₹2.70	₹-32.21	108.38%

Shares of Praxis Home Retail Limited was last trading in BSE at Rs. 67.05 as compared to the previous close of Rs. 70.10. The total number of shares traded during the day was 5806 in over 63 trades.

The stock hit an intraday high of Rs. 67.50 and intraday low of 66.60. The net turnover during the day was Rs. 387402.00.

Source : Equity Bulls

Keywords

PraxisHomeRetail Q3FY22 9MFY22 ResultUpdate