Parmeshwari Silk Mills Ltd Q1 FY24 net profit jumps to Rs. 1.52 crore

has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 51.0839 crores during the period ended June 30, 2023 as compared to Rs. 46.7143 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.5203 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.9387 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.07 for the period ended June 30, 2023 as compared to Rs. 3.13 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 51.0839 crs	₹46.7143 crs	9.35%
Net Profit	₹1.5203 crs	₹0.9387 crs	61.96%
EPS	₹5.07	₹3.13	61.98%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 51.0839 crores during the period ended June 30, 2023 as compared to Rs.41.3282 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.5203 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.2397 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.07 for the period ended June 30, 2023 as compared to Rs.4.13 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 51.0839 crs	₹41.3282 crs	23.61%
Net Profit	₹1.5203 crs	₹1.2397 crs	22.63%
EPS	₹5.07	₹4.13	22.76%

Source : Equity Bulls

Keywords

ParmeshwariSilkMills Q1FY24 ResultUpdate