Phaarmasia Ltd Q2 FY24 loss at Rs. 16.26 lakhs

PHAARMASIA LTD. 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. 8.8422 crores during the period ended September 30, 2023 as compared to Rs. 7.0192 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.1626 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.2653 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.24 for the period ended September 30, 2023 as compared to Rs. -0.39 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 8.8422 crs	₹7.0192 crs	25.97%
Net Profit	₹-0.1626 crs	₹-0.2653 crs	38.71%
EPS	₹-0.24	₹-0.39	38.46%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 8.8422 crores during the period ended September 30, 2023 as compared to Rs.6.8006 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.1626 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-0.2903 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.24 for the period ended September 30, 2023 as compared to Rs.-0.43 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 8.8422 crs	₹6.8006 crs	30.02%
Net Profit	₹-0.1626 crs	₹-0.2903 crs	43.99%
EPS	₹-0.24	₹-0.43	44.19%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.15.8614 crores during the 6 Months period ended September 30, 2023 as compared to Rs.12.3056 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.4279 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.5747 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.63 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.84 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹15.8614 crs	₹12.3056 crs	28.90%
Net Profit	₹-0.4279 crs	₹-0.5747 crs	25.54%
EPS	₹-0.63	₹-0.84	25.00%

Shares of PHAARMASIA LTD. was last trading in BSE at Rs. 25.70 as compared to the previous close of Rs. 25.23. The total number of shares traded during the day was 391 in over 8 trades.

The stock hit an intraday high of Rs. 26.00 and intraday low of 25.23. The net turnover during the day was Rs. 10076.00.

Source : Equity Bulls

Keywords

Phaarmasia Q2FY24 H1FY24 ResultUpdate