Panasonic Energy India Company Ltd Q1 FY2022-23 net profit at Rs. 1.93 crore

PANASONIC ENERGY INDIA COMPANY 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. 61.3376 crores during the period ended June 30, 2022 as compared to Rs. 60.2360 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.9340 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -1.2753 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.58 for the period ended June 30, 2022 as compared to Rs. -1.70 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 61.3376 crs	₹60.2360 crs	1.83%
Net Profit	₹1.9340 crs	₹-1.2753 crs	251.65%
EPS	₹2.58	₹-1.70	251.76%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 61.3376 crores during the period ended June 30, 2022 as compared to Rs.49.4107 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.9340 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.9264 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.58 for the period ended June 30, 2022 as compared to Rs.3.90 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 61.3376 crs	₹49.4107 crs	24.14%
Net Profit	₹1.9340 crs	₹2.9264 crs	-33.91%
EPS	₹2.58	₹3.90	-33.85%

Shares of PANASONIC ENERGY INDIA COMPANY LTD. was last trading in BSE at Rs. 252.70 as compared to the previous close of Rs. 254.35. The total number of shares traded during the day was 1407 in over 105 trades.

The stock hit an intraday high of Rs. 258.25 and intraday low of 248.00. The net turnover during the day was Rs. 356008.00.

Source : Equity Bulls

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PanasonicEnergyIndiaCompany Q1FY23 ResultUpdate