Parsvnath Developers Ltd Q1FY23 consolidated loss at Rs. 119.99 crores

Parsvnath Developers Limited 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. 56.3745 crores during the period ended June 30, 2022 as compared to Rs. 532.6241 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -119.9904 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -259.2280 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -2.76 for the period ended June 30, 2022 as compared to Rs. -5.96 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 56.3745 crs	₹532.6241 crs	-89.42%
Net Profit	₹-119.9904 crs	₹-259.2280 crs	53.71%
EPS	₹-2.76	₹-5.96	53.69%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 56.3745 crores during the period ended June 30, 2022 as compared to Rs.37.2879 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-119.9904 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-88.8721 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-2.76 for the period ended June 30, 2022 as compared to Rs.-2.05 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 56.3745 crs	₹37.2879 crs	51.19%
Net Profit	₹-119.9904 crs	₹-88.8721 crs	35.01%
EPS	₹-2.76	₹-2.05	34.63%

Shares of Parsvnath Developers Limited was last trading in BSE at Rs. 8.31 as compared to the previous close of Rs. 8.20. The total number of shares traded during the day was 35882 in over 79 trades.

The stock hit an intraday high of Rs. 8.46 and intraday low of 8.10. The net turnover during the day was Rs. 299152.00.

Source : Equity Bulls

Keywords

PasrvnathDevelopers Q1FY23 ResultUpdate