Prime Industries Ltd Q3FY24 profit at Rs. 4.62 lakhs

PRIME INDUSTRIES LTD. has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.0888 crores during the period ended December 31, 2023 as compared to Rs. 0.0353 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0462 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.1190 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.29 for the period ended December 31, 2023 as compared to Rs. 0.17 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 0.0888 crs	₹0.0353 crs	151.56%
Net Profit	₹0.0462 crs	₹-0.1190 crs	138.82%
EPS	₹0.29	₹0.17	70.59%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.0888 crores during the period ended December 31, 2023 as compared to Rs.0.1483 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.0462 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.0625 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.29 for the period ended December 31, 2023 as compared to Rs.-0.40 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 0.0888 crs	₹0.1483 crs	-40.12%
Net Profit	₹0.0462 crs	₹-0.0625 crs	173.92%
EPS	₹0.29	₹-0.40	172.50%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1.3799 crores during the 9 Months period ended December 31, 2023 as compared to Rs.0.1308 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.0327 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-0.1273 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.05 for the 9 Months period ended December 31, 2023 as compared to Rs.0.48 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1.3799 crs	₹0.1308 crs	954.97%
Net Profit	₹0.0327 crs	₹-0.1273 crs	125.69%
EPS	₹7.05	₹0.48	1,368.75%

Shares of PRIME INDUSTRIES LTD. was last trading in BSE at Rs. 195.25 as compared to the previous close of Rs. 186.80. The total number of shares traded during the day was 6564 in over 80 trades.

The stock hit an intraday high of Rs. 196.10 and intraday low of 182.55. The net turnover during the day was Rs. 1258088.00.

Source : Equity Bulls

Keywords

PrimeIndustries Q3FY24 9MFY24 ResultUpdate