Stock Report

Praj Industries Ltd posts consolidated PAT of Rs. 62.36 crores in Q2 FY2024



Posted On : 2023-10-31 22:49:43( TIMEZONE : IST )

Praj Industries Ltd posts consolidated PAT of Rs. 62.36 crores in Q2 FY2024

Praj Industries Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 893.2570 crores during the period ended September 30, 2023 as compared to Rs. 748.8389 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 62.3630 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 58.6527 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.40 for the period ended September 30, 2023 as compared to Rs. 3.19 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 893.2570 crs ₹748.8389 crs Up Tick / Down Tick19.29%
Net Profit ₹62.3630 crs ₹58.6527 crs Up Tick / Down Tick6.33%
EPS ₹3.40 ₹3.19 Up Tick / Down Tick6.58%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 893.2570 crores during the period ended September 30, 2023 as compared to Rs.886.7914 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.62.3630 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.48.1258 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.40 for the period ended September 30, 2023 as compared to Rs.2.62 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 893.2570 crs ₹886.7914 crs Up Tick / Down Tick0.73%
Net Profit ₹62.3630 crs ₹48.1258 crs Up Tick / Down Tick29.58%
EPS ₹3.40 ₹2.62 Up Tick / Down Tick29.77%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1642.0959 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1624.2336 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.121.0157 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.89.3856 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.59 for the 6 Months period ended September 30, 2023 as compared to Rs.4.86 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1642.0959 crs ₹1624.2336 crs Up Tick / Down Tick1.10%
Net Profit ₹121.0157 crs ₹89.3856 crs Up Tick / Down Tick35.39%
EPS ₹6.59 ₹4.86 Up Tick / Down Tick35.60%

Shares of Praj Industries Limited was last trading in BSE at Rs. 535.55 as compared to the previous close of Rs. 530.70. The total number of shares traded during the day was 37704 in over 1413 trades.

The stock hit an intraday high of Rs. 546.30 and intraday low of 531.45. The net turnover during the day was Rs. 20306865.00.

Source : Equity Bulls

Keywords

PrajIndustries Q2FY24 H1FY24 ResultUpdate