Praveg Communications India Ltd Q2FY22 consolidated PAT rises to Rs. 1.69 crore

Praveg Communications (India) Ltd has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 8.9147 crores during the period ended September 30, 2021 as compared to Rs. 3.6583 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 1.6934 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 0.3862 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.92 for the period ended September 30, 2021 as compared to Rs. 0.21 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 8.9147 crs	₹3.6583 crs	143.68%
Net Profit	₹1.6934 crs	₹0.3862 crs	338.48%
EPS	₹0.92	₹0.21	338.10%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 8.9147 crores during the period ended September 30, 2021 as compared to Rs.3.5414 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1.6934 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.4633 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.92 for the period ended September 30, 2021 as compared to Rs.0.25 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 8.9147 crs	₹3.5414 crs	151.73%
Net Profit	₹1.6934 crs	₹0.4633 crs	265.51%
EPS	₹0.92	₹0.25	268.00%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.12.5730 crores during the 6 Months period ended September 30, 2021 as compared to Rs.5.6811 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.2.0796 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.0.5484 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.1.13 for the 6 Months period ended September 30, 2021 as compared to Rs.0.30 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹12.5730 crs	₹5.6811 crs	121.31%
Net Profit	₹2.0796 crs	₹0.5484 crs	279.21%
EPS	₹1.13	₹0.30	276.67%

Shares of Praveg Communications (India) Ltd was last trading in BSE at Rs. 125.20 as compared to the previous close of Rs. 123.65. The total number of shares traded during the day was 7030 in over 108 trades.

The stock hit an intraday high of Rs. 128.20 and intraday low of 121.00. The net turnover during the day was Rs. 872014.00.

Source : Equity Bulls

Keywords

PravegCommunicationsIndia Q2FY22 H1FY22 ResultUpdate