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Palred Technologies - Quaterly Results

10 Feb 2024 Evaluate
The revenue for the December 2023 quarter is pegged at Rs. 3.75 millions against Rs. 3.75 millions recorded during the year-ago period.Net profit surges 52.08% to Rs. 8.76  millions  from Rs. 5.76 millions in the quarter ended December 2023.The company reported a good operating profit of 9.01 millions compared to 5.94 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 3.75 3.75 0.00 11.25 11.25 0.00 15.00 15.00 0.00
Other Income 9.15 6.19 47.82 20.70 11.79 75.57 19.18 7.02 173.22
PBIDT 9.01 5.94 51.68 20.36 11.24 81.14 18.11 1.87 868.45
Interest 0.04 0.02 100.00 0.13 0.06 116.67 0.20 0.14 42.86
PBDT 8.97 5.92 51.52 20.23 21.43 -5.60 28.16 40.98 -31.28
Depreciation 0.21 0.16 31.25 0.49 0.50 -2.00 0.60 0.90 -33.33
PBT 8.76 5.76 52.08 19.74 20.93 -5.69 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 8.76 5.76 52.08 19.74 20.93 -5.69 27.56 40.08 -31.24
Equity 122.33 122.33 0.00 122.33 122.33 0.00 122.33 97.33 25.69
PBIDTM(%) 240.27 158.40 51.68 180.98 99.91 81.14 120.73 12.47 868.45
Peers
Company Name CMP
TCS 2111.65
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HCL Technologies 1267.50
Wipro 164.85
Tech Mahindra 1542.50
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