Praxis Home Retail posts net profit of Rs. 2.29 crores in Q4FY22

Praxis Home Retail Limited has reported Standalone financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 132.2183 crores during the period ended March 31, 2022 as compared to Rs. 144.0195 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 2.2915 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 10.0656 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 0.30 for the period ended March 31, 2022 as compared to Rs. 1.44 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 132.2183 crs	₹144.0195 crs	-8.19%
Net Profit	₹2.2915 crs	₹10.0656 crs	-77.23%
EPS	₹0.30	₹1.44	-79.17%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 132.2183 crores during the period ended March 31, 2022 as compared to Rs.116.6868 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.2.2915 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.-14.2130 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.30 for the period ended March 31, 2022 as compared to Rs.-4.75 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 132.2183 crs	₹116.6868 crs	13.31%
Net Profit	₹2.2915 crs	₹-14.2130 crs	116.12%
EPS	₹0.30	₹-4.75	106.32%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.481.0368 crores during the Financial Year ended March 31, 2022 as compared to Rs.378.6753 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.14.2356 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.-103.2215 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.2.74 for the Financial Year ended March 31, 2022 as compared to Rs.-36.61 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹481.0368 crs	₹378.6753 crs	27.03%
Net Profit	₹14.2356 crs	₹-103.2215 crs	113.79%
EPS	₹2.74	₹-36.61	107.48%

Shares of Praxis Home Retail Limited was last trading in BSE at Rs. 39.15 as compared to the previous close of Rs. 38.90. The total number of shares traded during the day was 7810 in over 166 trades.

The stock hit an intraday high of Rs. 40.75 and intraday low of 38.95. The net turnover during the day was Rs. 306152.00.

Source : Equity Bulls

Keywords

PraxisHomeRetail Q4FY22 FY2022 ResultUpdate