Premier Explosives Ltd consolidated Q1 FY2024 PAT jumps to Rs. 8.25 crores

Premier Explosives Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 62.2551 crores during the period ended June 30, 2023 as compared to Rs. 52.4614 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 8.2526 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.4087 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 7.68 for the period ended June 30, 2023 as compared to Rs. 2.24 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 62.2551 crs	₹52.4614 crs	18.67%
Net Profit	₹8.2526 crs	₹2.4087 crs	242.62%
EPS	₹7.68	₹2.24	242.86%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 62.2551 crores during the period ended June 30, 2023 as compared to Rs.52.2207 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.8.2526 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.2880 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.7.68 for the period ended June 30, 2023 as compared to Rs.1.20 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 62.2551 crs	₹52.2207 crs	19.22%
Net Profit	₹8.2526 crs	₹1.2880 crs	540.73%
EPS	₹7.68	₹1.20	540.00%

Shares of Premier Explosives Limited was last trading in BSE at Rs. 889.15 as compared to the previous close of Rs. 808.35. The total number of shares traded during the day was 75800 in over 2531 trades.

The stock hit an intraday high of Rs. 889.15 and intraday low of 769.10. The net turnover during the day was Rs. 65219602.00.

Source : Equity Bulls

Keywords

PremierExplosives Q1FY24 ResultUpdate