Prakash Woollen and Synthetic Mills Ltd Q3 FY2024 PAT jumps to Rs. 1.72 crore

Prakash Woollen & Synthetic Mills 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. 48.8955 crores during the period ended December 31, 2023 as compared to Rs. 24.9939 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 1.7270 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.9272 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.68 for the period ended December 31, 2023 as compared to Rs. -0.90 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 48.8955 crs	₹24.9939 crs	95.63%
Net Profit	₹1.7270 crs	₹-0.9272 crs	286.26%
EPS	₹1.68	₹-0.90	286.67%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 48.8955 crores during the period ended December 31, 2023 as compared to Rs.46.3995 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.7270 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-1.4467 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.68 for the period ended December 31, 2023 as compared to Rs.-1.41 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 48.8955 crs	₹46.3995 crs	5.38%
Net Profit	₹1.7270 crs	₹-1.4467 crs	219.38%
EPS	₹1.68	₹-1.41	219.15%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.90.2926 crores during the 9 Months period ended December 31, 2023 as compared to Rs.88.6050 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.1388 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-5.2567 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.14 for the 9 Months period ended December 31, 2023 as compared to Rs.-5.12 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹90.2926 crs	₹88.6050 crs	1.90%
Net Profit	₹0.1388 crs	₹-5.2567 crs	102.64%
EPS	₹0.14	₹-5.12	102.73%

Shares of Prakash Woollen & Synthetic Mills Ltd was last trading in BSE at Rs. 36.50 as compared to the previous close of Rs. 36.99. The total number of shares traded during the day was 119208 in over 512 trades.

The stock hit an intraday high of Rs. 39.75 and intraday low of 34.94. The net turnover during the day was Rs. 4378833.00.

Source : Equity Bulls

Keywords

PrakashWoollenandSyntheticMills Q3FY24 9MFY24 ResultUpdate