Paragon Finance Ltd posts loss of Rs. 48.52 lakhs in Q1 FY23

PARAGON FINANCE LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 0.1243 crores during the period ended June 30, 2022 as compared to Rs. 0.8376 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.4852 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.1541 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.14 for the period ended June 30, 2022 as compared to Rs. 0.36 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 0.1243 crs	₹0.8376 crs	-85.16%
Net Profit	₹-0.4852 crs	₹0.1541 crs	-414.86%
EPS	₹-1.14	₹0.36	-416.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 0.1243 crores during the period ended June 30, 2022 as compared to Rs.0.7837 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.4852 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1096 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.14 for the period ended June 30, 2022 as compared to Rs.0.26 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 0.1243 crs	₹0.7837 crs	-84.14%
Net Profit	₹-0.4852 crs	₹0.1096 crs	-542.70%
EPS	₹-1.14	₹0.26	-538.46%

Shares of PARAGON FINANCE LTD. was last trading in BSE at Rs. 17.90 as compared to the previous close of Rs. 17.00. The total number of shares traded during the day was 25 in over 4 trades.

The stock hit an intraday high of Rs. 17.90 and intraday low of 17.00. The net turnover during the day was Rs. 443.00.

Source : Equity Bulls

Keywords

ParagonFinance Q1FY23 ResultUpdate