PSP Project reports 41% fall in Q2 consolidated net profit

18 Oct 2022 Evaluate

PSP Projects has reported results for second quarter ended September 30, 2022.

The company has reported fall of 37.36% in its net profit at Rs 22.92 crore for Q2FY23 as compared to Rs 36.59 crore for the corresponding quarter previous year. Total income of the company decreased by 7.62% to Rs 364.94 crore for the quarter under review as compared to Rs 395.06 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 40.78% in its net profit at Rs 21.52 crore for the quarter under review as compared to Rs 36.34 crore for the same quarter in the previous year. Total consolidated income of the company decreased by 7.23% to Rs 366.27 crore for Q2FY23 as compared to Rs 394.83 crore for the same quarter in the previous year.

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