Panache Innovations Ltd Q1 FY2023 profit at Rs. 0.28 lakhs

Panache Innovations Ltd has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2.6615 crores during the period ended June 30, 2022 as compared to Rs. 1.9958 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0028 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.0267 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.01 for the period ended June 30, 2022 as compared to Rs. -0.06 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2.6615 crs	₹1.9958 crs	33.36%
Net Profit	₹0.0028 crs	₹-0.0267 crs	110.49%
EPS	₹0.01	₹-0.06	116.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2.6615 crores during the period ended June 30, 2022 as compared to Rs.2.0319 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0028 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0172 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.01 for the period ended June 30, 2022 as compared to Rs.0.04 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2.6615 crs	₹2.0319 crs	30.99%
Net Profit	₹0.0028 crs	₹0.0172 crs	-83.72%
EPS	₹0.01	₹0.04	-75.00%

Shares of Panache Innovations Ltd was last trading in BSE at Rs. 18.50 as compared to the previous close of Rs. 17.65. The total number of shares traded during the day was 3123 in over 10 trades.

The stock hit an intraday high of Rs. 18.50 and intraday low of 16.80. The net turnover during the day was Rs. 53532.00.

Source : Equity Bulls

Keywords

PanacheInnovations Q1FY23 ResultUpdate