Pranavaditya Spinning Mills Ltd Q1FY23 net profit at Rs. 57.76 lakhs

PRANAVADITYA SPINNING MILLS 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. 1.9109 crores during the period ended June 30, 2022 as compared to Rs. 1.6962 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.5776 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.6558 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.30 for the period ended June 30, 2022 as compared to Rs. 0.34 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.9109 crs	₹1.6962 crs	12.66%
Net Profit	₹0.5776 crs	₹0.6558 crs	-11.92%
EPS	₹0.30	₹0.34	-11.76%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.9109 crores during the period ended June 30, 2022 as compared to Rs.0.3284 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.5776 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.2963 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.30 for the period ended June 30, 2022 as compared to Rs.-0.15 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.9109 crs	₹0.3284 crs	481.88%
Net Profit	₹0.5776 crs	₹-0.2963 crs	294.94%
EPS	₹0.30	₹-0.15	300.00%

Shares of PRANAVADITYA SPINNING MILLS LTD. was last trading in BSE at Rs. 17.40 as compared to the previous close of Rs. 18.10. The total number of shares traded during the day was 2170 in over 23 trades.

The stock hit an intraday high of Rs. 19.25 and intraday low of 17.40. The net turnover during the day was Rs. 38835.00.

Source : Equity Bulls

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PranavadityaSpinningMills Q1FY23 ResultUpdate