Praxis Home Retail Ltd Q1FY24 loss at Rs. 19.85 crores

Praxis Home Retail Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 50.6331 crores during the period ended June 30, 2023 as compared to Rs. 75.7864 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -19.8599 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -12.5723 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -2.45 for the period ended June 30, 2023 as compared to Rs. -1.60 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 50.6331 crs	₹75.7864 crs	-33.19%
Net Profit	₹-19.8599 crs	₹-12.5723 crs	57.97%
EPS	₹-2.45	₹-1.60	53.13%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 50.6331 crores during the period ended June 30, 2023 as compared to Rs.105.9794 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-19.8599 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-4.3943 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-2.45 for the period ended June 30, 2023 as compared to Rs.-0.56 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 50.6331 crs	₹105.9794 crs	-52.22%
Net Profit	₹-19.8599 crs	₹-4.3943 crs	351.95%
EPS	₹-2.45	₹-0.56	337.50%

Shares of Praxis Home Retail Limited was last trading in BSE at Rs. 18.81 as compared to the previous close of Rs. 18.45. The total number of shares traded during the day was 989080 in over 119 trades.

The stock hit an intraday high of Rs. 18.81 and intraday low of 18.81. The net turnover during the day was Rs. 18604594.00.

Source : Equity Bulls

Keywords

PraxisHomeRetail Q1FY24 ResultUpdate