PAGE INDUSTRIES Announces Quarterly Results (1QFY22); Net Profit Up 127.7%

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PAGE INDUSTRIES Announces Quarterly Results (1QFY22); Net Profit Up 127.7%
Mon, 16 Aug

PAGE INDUSTRIES has announced its results for the quarter ended June 2021. Here is a detailed performance review of the same:

PAGE INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-20*
3
Mar-21*
3
Jun-21*
QoQ ChangeYoY Change
Net SalesRs m2,8488,8085,015-43.1%76.1%
Other incomeRs m615636-36.0%-41.2%
TurnoverRs m2,9098,8635,051-43.0%73.7%
ExpensesRs m3,1957,1104,673-34.3%46.3%
Gross profitRs m-3471,698342-79.9%
DepreciationRs m1601561592.0%-0.9%
InterestRs m7772732.6%-4.2%
Profit before taxRs m-5241,526145-90.5%
TaxRs m-12837136-90.4%
Profit after taxRs m-3961,156109-90.5%
Gross profit margin%-12.219.36.8
Effective tax rate%24.524.324.6
Net profit margin%-13.613.02.2
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 76.1% on a year-on-year (YoY) basis. The expenses were up by 46.3% YoY during the same period.
  • The company's operating profit declined by 198.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 6.8% in 1QFY22 as against 12.2% in 1QFY21.
  • Depreciation charges declined by 0.9% and finance costs declined by 4.2% YoY, respectively.
  • Other income declined by 41.2% YoY during the quarter.
  • Net profit for the quarter increased by 127.7% YoY. Net profit margins during the quarter increased from -13.6% in 1QFY21 to 2.2% in 1QFY22.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 43.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 34.3% QoQ during the same period.
  • The company's operating profit declined by 79.9% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 6.8% in 1QFY22 as against 19.3% in 4QFY21.
  • Net profit for the quarter declined by 90.5% QoQ, while net profit margins declined from 13.0% in 4QFY21 to 2.2% in 1QFY22.

To see how PAGE INDUSTRIES has performed over the last eight quarters,please visit here.

Find Out: How to Profit from 21st Century's BIGGEST Revolution

PAGE INDUSTRIES Share Price Performance

Over the last one year, PAGE INDUSTRIES share price has moved up from Rs 18,955.3 to Rs 30,290.0, registering a Gain of Rs 11,334.7 or around 59.8%.

Overall, the S&P BSE SENSEX is up 44.8% over the year.

Current Valuations

At the current price of Rs 30,290.0, the price to earnings (P/E) ratio of PAGE INDUSTRIES stands at 86.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 38.2 times.

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PAGE INDUSTRIES Announces Quarterly Results (3QFY21); Net Profit Up 76.6% (Quarterly Result Update)

Feb 11, 2021 | Updated on Feb 11, 2021

For the quarter ended December 2020, PAGE INDUSTRIES has posted a net profit of Rs 2 bn (up 76.6% YoY). Sales on the other hand came in at Rs 9 bn (up 16.8% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.

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For the quarter ended December 2019, PAGE INDUSTRIES has posted a net profit of Rs 870 m (down 14.6% YoY). Sales on the other hand came in at Rs 8 bn (up 7.5% YoY). Read on for a complete analysis of PAGE INDUSTRIES's quarterly results.

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Oct 20, 2021 10:20 AM

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