Praxis Home Retail Ltd posts loss of Rs. 4.39 crores in Q1FY23

Praxis Home Retail Limited 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. 115.2717 crores during the period ended June 30, 2022 as compared to Rs. 132.2183 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -4.3944 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 2.9763 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.58 for the period ended June 30, 2022 as compared to Rs. 0.30 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 115.2717 crs	₹132.2183 crs	-12.82%
Net Profit	₹-4.3944 crs	₹2.9763 crs	-247.65%
EPS	₹-0.58	₹0.30	-293.33%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 115.2717 crores during the period ended June 30, 2022 as compared to Rs.70.4654 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-4.3944 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-4.8931 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.58 for the period ended June 30, 2022 as compared to Rs.-1.58 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 115.2717 crs	₹70.4654 crs	63.59%
Net Profit	₹-4.3944 crs	₹-4.8931 crs	10.19%
EPS	₹-0.58	₹-1.58	63.29%

Shares of Praxis Home Retail Limited was last trading in BSE at Rs. 32.50 as compared to the previous close of Rs. 34.15. The total number of shares traded during the day was 15420 in over 161 trades.

The stock hit an intraday high of Rs. 34.80 and intraday low of 32.45. The net turnover during the day was Rs. 511056.00.

Source : Equity Bulls

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