Panasonic Energy India Company Ltd Q1 FY2023-24 PAT higher at Rs. 2.59 crore

PANASONIC ENERGY INDIA COMPANY LTD. 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. 77.4825 crores during the period ended June 30, 2023 as compared to Rs. 62.9072 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.5903 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -5.8443 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.45 for the period ended June 30, 2023 as compared to Rs. -7.79 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 77.4825 crs	₹62.9072 crs	23.17%
Net Profit	₹2.5903 crs	₹-5.8443 crs	144.32%
EPS	₹3.45	₹-7.79	144.29%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 77.4825 crores during the period ended June 30, 2023 as compared to Rs.61.3376 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.5903 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.9340 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.45 for the period ended June 30, 2023 as compared to Rs.2.58 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 77.4825 crs	₹61.3376 crs	26.32%
Net Profit	₹2.5903 crs	₹1.9340 crs	33.93%
EPS	₹3.45	₹2.58	33.72%

Shares of PANASONIC ENERGY INDIA COMPANY LTD. was last trading in BSE at Rs. 330.95 as compared to the previous close of Rs. 331.60. The total number of shares traded during the day was 7635 in over 196 trades.

The stock hit an intraday high of Rs. 339.95 and intraday low of 329.10. The net turnover during the day was Rs. 2553390.00.

Source : Equity Bulls

Keywords

PanasonicEnergyIndiaCompany Q1FY24 ResultUpdate