Friday, November 7: Shares of Prism Johnson Ltd jumped 4.87% to Rs 147.35 on the NSE during Friday’s session after the company reported a significant turnaround in its Q2 FY26 results, swinging from a heavy loss in the previous year to profit this quarter.
The stock opened at Rs 140.51 and touched an intraday high of Rs 148.11, supported by strong investor sentiment following its financial recovery. The company’s market capitalization now stands at Rs 72,650 crore, with a P/E ratio of 51.43.
In its latest results, Prism Johnson reported a 13% year-on-year rise in total income to Rs 1,865 crore, compared to Rs 1,654 crore in Q2 FY25. The company recorded a net profit of Rs 1.6 crore, marking a sharp turnaround from a loss of Rs 103.7 crore a year earlier.
The performance improvement was driven by operational efficiency, cost control, and steady demand across its cement, tiles, and ready-mix concrete divisions.
At the same time, the company’s profit before tax stood at Rs 16.2 crore, compared to a loss of Rs 111.7 crore in the corresponding quarter last year, reflecting its successful restructuring efforts.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
