Praj Industries Ltd consolidated Q1FY24 PAT declines QoQ to Rs. 58.65 crores

Praj Industries 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. 748.8389 crores during the period ended June 30, 2023 as compared to Rs. 1020.1798 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 58.6527 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 88.1067 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.19 for the period ended June 30, 2023 as compared to Rs. 4.79 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 748.8389 crs	₹1020.1798 crs	-26.60%
Net Profit	₹58.6527 crs	₹88.1067 crs	-33.43%
EPS	₹3.19	₹4.79	-33.40%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 748.8389 crores during the period ended June 30, 2023 as compared to Rs.737.4422 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.58.6527 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.41.2598 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.19 for the period ended June 30, 2023 as compared to Rs.2.25 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 748.8389 crs	₹737.4422 crs	1.55%
Net Profit	₹58.6527 crs	₹41.2598 crs	42.15%
EPS	₹3.19	₹2.25	41.78%

Shares of Praj Industries Limited was last trading in BSE at Rs. 414.90 as compared to the previous close of Rs. 423.45. The total number of shares traded during the day was 99681 in over 3984 trades.

The stock hit an intraday high of Rs. 424.45 and intraday low of 413.30. The net turnover during the day was Rs. 41706293.00.

Source : Equity Bulls

Keywords

PrajIndustries Q1FY24 ResultUpdate