Stock Report

Paramount Communications Ltd posts Rs. 22.02 crores consolidated net profit in Q3FY24



Posted On : 2024-02-04 19:22:28( TIMEZONE : IST )

Paramount Communications Ltd posts Rs. 22.02 crores consolidated net profit in Q3FY24

Paramount Communications Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 285.5312 crores during the period ended December 31, 2023 as compared to Rs. 254.3242 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 22.0269 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 19.4892 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.81 for the period ended December 31, 2023 as compared to Rs. 0.86 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 285.5312 crs ₹254.3242 crs Up Tick / Down Tick12.27%
Net Profit ₹22.0269 crs ₹19.4892 crs Up Tick / Down Tick13.02%
EPS ₹0.81 ₹0.86 Up Tick / Down Tick-5.81%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 285.5312 crores during the period ended December 31, 2023 as compared to Rs.221.9978 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.22.0269 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.14.3177 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.81 for the period ended December 31, 2023 as compared to Rs.0.72 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 285.5312 crs ₹221.9978 crs Up Tick / Down Tick28.62%
Net Profit ₹22.0269 crs ₹14.3177 crs Up Tick / Down Tick53.84%
EPS ₹0.81 ₹0.72 Up Tick / Down Tick12.50%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.752.4268 crores during the 9 Months period ended December 31, 2023 as compared to Rs.604.0462 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.56.0501 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.33.9666 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.2.39 for the 9 Months period ended December 31, 2023 as compared to Rs.1.73 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹752.4268 crs ₹604.0462 crs Up Tick / Down Tick24.56%
Net Profit ₹56.0501 crs ₹33.9666 crs Up Tick / Down Tick65.02%
EPS ₹2.39 ₹1.73 Up Tick / Down Tick38.15%

Shares of Paramount Communications Limited was last trading in BSE at Rs. 106.15 as compared to the previous close of Rs. 102.95. The total number of shares traded during the day was 369578 in over 4318 trades.

The stock hit an intraday high of Rs. 108.05 and intraday low of 104.25. The net turnover during the day was Rs. 39536398.00.

Source : Equity Bulls

Keywords

ParamountCommunications Q3FY24 9MFY24 ResultUpdate