Parnax Lab Ltd Q1 FY2024 consolidated net profit jumps to Rs. 3.32 crore

PARNAX LAB LTD. 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. 48.9862 crores during the period ended June 30, 2023 as compared to Rs. 41.1766 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.3223 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.4385 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.90 for the period ended June 30, 2023 as compared to Rs. 1.30 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 48.9862 crs	₹41.1766 crs	18.97%
Net Profit	₹3.3223 crs	₹1.4385 crs	130.96%
EPS	₹2.90	₹1.30	123.08%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 48.9862 crores during the period ended June 30, 2023 as compared to Rs.36.8618 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.3223 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.19.294 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.90 for the period ended June 30, 2023 as compared to Rs.1.97 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 48.9862 crs	₹36.8618 crs	32.89%
Net Profit	₹3.3223 crs	₹19.294 crs	-82.78%
EPS	₹2.90	₹1.97	47.21%

Shares of PARNAX LAB LTD. was last trading in BSE at Rs. 86.14 as compared to the previous close of Rs. 77.91. The total number of shares traded during the day was 45573 in over 330 trades.

The stock hit an intraday high of Rs. 89.00 and intraday low of 78.02. The net turnover during the day was Rs. 3873968.00.

Source : Equity Bulls

Keywords

ParnaxLab Q1FY24 ResultUpdate