Premier Synthetics Ltd Q1FY23 profit declines to Rs. 25.07 lakhs

PREMIER SYNTHETICS 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. 17.6167 crores during the period ended June 30, 2022 as compared to Rs. 19.3804 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2507 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.1843 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.55 for the period ended June 30, 2022 as compared to Rs. 2.58 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 17.6167 crs	₹19.3804 crs	-9.10%
Net Profit	₹0.2507 crs	₹1.1843 crs	-78.83%
EPS	₹0.55	₹2.58	-78.68%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 17.6167 crores during the period ended June 30, 2022 as compared to Rs.13.0611 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2507 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.5850 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.55 for the period ended June 30, 2022 as compared to Rs.1.27 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 17.6167 crs	₹13.0611 crs	34.88%
Net Profit	₹0.2507 crs	₹0.5850 crs	-57.15%
EPS	₹0.55	₹1.27	-56.69%

Shares of PREMIER SYNTHETICS LTD. was last trading in BSE at Rs. 25.60 as compared to the previous close of Rs. 25.20. The total number of shares traded during the day was 2765 in over 13 trades.

The stock hit an intraday high of Rs. 25.60 and intraday low of 25.25. The net turnover during the day was Rs. 70585.00.

Source : Equity Bulls

Keywords

PremierSynthetics Q1FY23 ResultUpdate