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Peninsula Land slips on reporting net loss of Rs 202.58 crore in Q4 net profit

24 May 2018

Peninsula Land is currently trading at Rs. 19.25, down by 1.15 points or 5.64% from its previous closing of Rs. 20.40 on the BSE.

The scrip opened at Rs. 20.00 and has touched a high and low of Rs. 20.05 and Rs. 18.50 respectively. So far 96266 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 44.00 on 08-Jan-2018 and a 52 week low of Rs. 17.20 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 21.30 and Rs. 18.50 respectively. The current market cap of the company is Rs. 538.86 crore.

The promoters holding in the company stood at 55.37%, while Institutions and Non-Institutions held 11.06% and 33.57% respectively.

The company has reported a net loss of Rs 202.58 crore for the quarter ended March 31, 2018 as compared to a net loss of Rs 114.75 crore for the same quarter in the previous year. Total income of the company has decreased by 43.96% at Rs 142.89 crore for quarter under review as compared to Rs 254.97 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a net loss of Rs 327.33 crore as compared to a net loss of Rs 143.10 crore for the same period in the previous year. However, total income of company increased 48.35% at Rs 673.36 crore for year under review as compared to Rs 453.89 crore for the period ended March 31, 2017.

Related Peninsula Land Ltd. Links:

Peninsula Land Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323