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Palred Technologies - Quaterly Results

27 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 3.75 millions against Rs. 3.75 millions recorded during the year-ago period.The company reported a drastic decline of -85.37% in the quarter ended March 2023 to Rs. 6.61  millions from Rs. 45.19 millions  .The company reported a good operating profit of 6.87 millions compared to 1.33 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3.75 3.75 0.00 15.00 15.00 0.00 15.00 15.00 0.00
Other Income 7.39 2.16 242.13 19.18 7.02 173.22 19.18 7.02 173.22
PBIDT 6.87 1.33 416.54 18.11 1.87 868.45 18.11 1.87 868.45
Interest 0.15 0.03 400.00 0.20 0.14 42.86 0.20 0.14 42.86
PBDT 6.72 45.41 -85.20 28.16 40.98 -31.28 28.16 40.98 -31.28
Depreciation 0.11 0.22 -50.00 0.60 0.90 -33.33 0.60 0.90 -33.33
PBT 6.61 45.19 -85.37 27.56 40.08 -31.24 27.56 40.08 -31.24
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 6.61 45.19 -85.37 27.56 40.08 -31.24 27.56 40.08 -31.24
Equity 122.33 97.33 25.69 122.33 97.33 25.69 122.33 97.33 25.69
PBIDTM(%) 183.20 35.47 416.54 120.73 12.47 868.45 120.73 12.47 868.45
Peers
Company Name CMP
TCS 2111.65
Infosys 1026.00
HCL Technologies 1267.50
Wipro 164.85
Tech Mahindra 1542.50
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