PDS declines on reporting 11% fall in Q4 consolidated net profit
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PDS is currently trading at Rs. 344.60, down by 18.85 points or 5.19% from its previous closing of Rs. 363.45 on the BSE.
The scrip opened at Rs. 354.95 and has touched a high and low of Rs. 360.85 and Rs. 342.10 respectively. So far 5892 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 383.00 on 27-Apr-2023 and a 52 week low of Rs. 282.00 on 13-Oct-2022.
Last one week high and low of the scrip stood at Rs. 382.50 and Rs. 342.10 respectively. The current market cap of the company is Rs. 4501.89 crore.
The promoters holding in the company stood at 66.30%, while Institutions and Non-Institutions held 4.08% and 29.62% respectively.
PDS has reported results for fourth quarter (Q4) and year ended March 31, 2023. The company has reported 32.52% fall in its net profit at Rs 39.80 crore for the quarter under review as compared to Rs 58.98 crore for the same quarter in the previous year. However, total income of the company increased by 149.73% at Rs 231.80 crore for Q4FY23 as compared to Rs 92.82 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 11.16% fall in its net profit at Rs 76.61 crore for fourth quarter ended March 31, 2023 as compared to Rs 86.23 crore for the same quarter in the previous year. Total income of the company decreased by 1.89% at Rs 2,743.79 crore for Q4FY23 as compared to Rs 2,796.78 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 29.39% rise in its net profit at Rs 86.42 crore as compared to Rs 66.79 crore for the previous year. Total income of the company increased by 199.40% at Rs 531.99 crore for year under review as compared to Rs 177.69 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 11.59% rise in its net profit at Rs 326.77 crore as compared to Rs 292.82 crore for the previous year. Total income of the company increased by 19.23% at Rs 10,628.53 crore for year under review as compared to Rs 8,914.24 crore for year ended March 31, 2022.
