Parvati Sweetners and Power Ltd Q1FY23 profit slips QOQ to Rs. 15.90 lakhs

Parvati Sweetners and Power 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. 28.4683 crores during the period ended June 30, 2022 as compared to Rs. 36.2711 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.1590 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.0515 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.02 for the period ended June 30, 2022 as compared to Rs. 0.12 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 28.4683 crs	₹36.2711 crs	-21.51%
Net Profit	₹0.1590 crs	₹1.0515 crs	-84.88%
EPS	₹0.02	₹0.12	-83.33%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 28.4683 crores during the period ended June 30, 2022 as compared to Rs.13.2012 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.1590 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.1049 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.02 for the period ended June 30, 2022 as compared to Rs.0.01 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 28.4683 crs	₹13.2012 crs	115.65%
Net Profit	₹0.1590 crs	₹0.1049 crs	51.57%
EPS	₹0.02	₹0.01	100.00%

Shares of Parvati Sweetners and Power Ltd was last trading in BSE at Rs. 9.47 as compared to the previous close of Rs. 9.35. The total number of shares traded during the day was 13075 in over 110 trades.

The stock hit an intraday high of Rs. 9.80 and intraday low of 9.00. The net turnover during the day was Rs. 123440.00.

Source : Equity Bulls

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ParvatiSweetnersandPower Q1FY23 ResultUpdate