Palred Technologies Ltd reports consolidated loss of Rs. 78.29 lakhs in Q1FY24

Palred Technologies Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 34.3678 crores during the period ended June 30, 2023 as compared to Rs. 32.4228 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.7829 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -1.0022 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.64 for the period ended June 30, 2023 as compared to Rs. -0.82 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 34.3678 crs	₹32.4228 crs	6.00%
Net Profit	₹-0.7829 crs	₹-1.0022 crs	21.88%
EPS	₹-0.64	₹-0.82	21.95%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 34.3678 crores during the period ended June 30, 2023 as compared to Rs.37.2218 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.7829 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.5694 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.64 for the period ended June 30, 2023 as compared to Rs.0.59 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 34.3678 crs	₹37.2218 crs	-7.67%
Net Profit	₹-0.7829 crs	₹0.5694 crs	-237.50%
EPS	₹-0.64	₹0.59	-208.47%

Shares of Palred Technologies Limited was last trading in BSE at Rs. 170.65 as compared to the previous close of Rs. 166.50. The total number of shares traded during the day was 19381 in over 647 trades.

The stock hit an intraday high of Rs. 180.10 and intraday low of 164.15. The net turnover during the day was Rs. 3373238.00.

Source : Equity Bulls

Keywords

PalredTechnologies Q1FY24 ResultUpdate