Prevest Denpro Ltd Q2 FY2023-24 net profit at Rs. 3.74 crore

Prevest Denpro Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 13.9150 crores during the period ended September 30, 2023 as compared to Rs. 13.9992 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 3.7404 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 4.0845 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.12 for the period ended September 30, 2023 as compared to Rs. 3.40 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 13.9150 crs	₹13.9992 crs	-0.60%
Net Profit	₹3.7404 crs	₹4.0845 crs	-8.42%
EPS	₹3.12	₹3.40	-8.24%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 13.9150 crores during the period ended September 30, 2023 as compared to Rs.12.0284 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.7404 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.3.3321 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.12 for the period ended September 30, 2023 as compared to Rs.2.78 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 13.9150 crs	₹12.0284 crs	15.68%
Net Profit	₹3.7404 crs	₹3.3321 crs	12.25%
EPS	₹3.12	₹2.78	12.23%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.27.9141 crores during the 6 Months period ended September 30, 2023 as compared to Rs.25.0122 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.7.8249 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.7.0140 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.52 for the 6 Months period ended September 30, 2023 as compared to Rs.5.84 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹27.9141 crs	₹25.0122 crs	11.60%
Net Profit	₹7.8249 crs	₹7.0140 crs	11.56%
EPS	₹6.52	₹5.84	11.64%

Shares of Prevest Denpro Limited was last trading in BSE at Rs. 467.95 as compared to the previous close of Rs. 471.50. The total number of shares traded during the day was 6000 in over 15 trades.

The stock hit an intraday high of Rs. 471.70 and intraday low of 458.70. The net turnover during the day was Rs. 2808260.00.

Source : Equity Bulls

Keywords

PrevestDenpro Q2FY24 H1FY24 ResultUpdate