Pricol’s shares surged nearly 4% following the release of its first-quarter results for the fiscal year. The company reported significant improvements in both sales and net profit.
Key Financial Highlights
- Net Profit: ₹45.56 crore, up 42.64% from ₹31.94 crore in the same quarter last year.
- Sales: ₹602.91 crore, marking a 15.48% increase from ₹522.10 crore in the previous year.
Financial Metrics
| Particulars | Quarter Ended Jun. 2024 | Quarter Ended Jun. 2023 | % Change |
|---|---|---|---|
| Sales | ₹602.91 crore | ₹522.10 crore | +15% |
| Operating Profit Margin (OPM) | 13.35% | 12.39% | +0.96% |
| PBDT | ₹79.65 crore | ₹62.86 crore | +27% |
| PBT | ₹59.32 crore | ₹43.03 crore | +38% |
| Net Profit (NP) | ₹45.56 crore | ₹31.94 crore | +43% |
Market Performance
- Shares Trading: As of 10:01 AM, shares were trading 4.09% higher at ₹520.50.
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