Palco Metals Ltd reports consolidated PAT of Rs. 73.34 lakhs in Q1FY23

Palco Metals Ltd has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 55.4753 crores during the period ended June 30, 2022 as compared to Rs. 45.8174 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.7334 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.6928 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.83 for the period ended June 30, 2022 as compared to Rs. 1.73 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 55.4753 crs	₹45.8174 crs	21.08%
Net Profit	₹0.7334 crs	₹0.6928 crs	5.86%
EPS	₹1.83	₹1.73	5.78%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 55.4753 crores during the period ended June 30, 2022 as compared to Rs.40.7072 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.7334 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.2772 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.83 for the period ended June 30, 2022 as compared to Rs.0.69 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 55.4753 crs	₹40.7072 crs	36.28%
Net Profit	₹0.7334 crs	₹0.2772 crs	164.57%
EPS	₹1.83	₹0.69	165.22%

Shares of Palco Metals Ltd was last trading in BSE at Rs. 55.00 as compared to the previous close of Rs. 56.85. The total number of shares traded during the day was 1365 in over 23 trades.

The stock hit an intraday high of Rs. 59.50 and intraday low of 54.05. The net turnover during the day was Rs. 77091.00.

Source : Equity Bulls

Keywords

PalcoMetals Q1FY23 ResultUpdate