Praxis Home Retail Ltd posts net profit of Rs. 2.50 crores in Q2 FY2023

Praxis Home Retail Limited has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 129.0861 crores during the period ended September 30, 2022 as compared to Rs. 115.2717 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.5074 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -4.3944 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.33 for the period ended September 30, 2022 as compared to Rs. -0.58 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 129.0861 crs	₹115.2717 crs	11.98%
Net Profit	₹2.5074 crs	₹-4.3944 crs	157.06%
EPS	₹0.33	₹-0.58	156.90%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 129.0861 crores during the period ended September 30, 2022 as compared to Rs.134.3335 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.5074 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.6.7714 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.33 for the period ended September 30, 2022 as compared to Rs.2.14 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 129.0861 crs	₹134.3335 crs	-3.91%
Net Profit	₹2.5074 crs	₹6.7714 crs	-62.97%
EPS	₹0.33	₹2.14	-84.58%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.244.3578 crores during the 6 Months period ended September 30, 2022 as compared to Rs.204.7990 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-1.8868 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.1.8783 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.25 for the 6 Months period ended September 30, 2022 as compared to Rs.0.52 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹244.3578 crs	₹204.7990 crs	19.32%
Net Profit	₹-1.8868 crs	₹1.8783 crs	-200.45%
EPS	₹-0.25	₹0.52	-148.08%

Shares of Praxis Home Retail Limited was last trading in BSE at Rs. 28.85 as compared to the previous close of Rs. 29.30. The total number of shares traded during the day was 1778 in over 67 trades.

The stock hit an intraday high of Rs. 30.50 and intraday low of 28.25. The net turnover during the day was Rs. 51159.00.

Source : Equity Bulls

Keywords

PraxisHomeRetail Q2FY23 H1FY23 ResultUpdate