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Prakash Industries reports 10% rise in Q4 net profit

16 May 2023 Evaluate

Prakash Industries has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported marginal rise of 9.92% in its net profit at Rs 57.96 crore for the quarter under review as compared to Rs 52.73 crore for the same quarter in the previous year. However, total income of the company decreased by 12.50% at Rs 1,014.14 crore for Q4FY23 as compared to Rs 1,158.96 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported rise of 12.90% in its net profit at Rs 190.48 crore as compared to Rs 168.72 crore for the previous year. However, total income of the company decreased by 12.24% at Rs 3,455.14 crore for year under review as compared to Rs 3,937.20 crore for year ended March 31, 2022.


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