PSL LTD has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 193 | 286 | 161 | -43.8% | -16.9% |
Other income | Rs m | 2 | 42 | 37 | -11.5% | 2076.5% |
Turnover | Rs m | 195 | 328 | 198 | -39.7% | 1.3% |
Expenses | Rs m | 334 | 342 | 184 | -46.2% | -44.9% |
Gross profit | Rs m | -141 | -56 | -23 | ||
Depreciation | Rs m | 280 | 242 | 242 | 0.0% | -13.6% |
Interest | Rs m | 1 | 0 | 0 | 0.0% | -100.0% |
Profit before tax | Rs m | -420 | -256 | -228 | ||
Tax | Rs m | 61 | 0 | 0 | 0.0% | -100.0% |
Profit after tax | Rs m | -480 | -256 | -228 | ||
Gross profit margin | % | -72.8 | -19.5 | -14.6 | ||
Effective tax rate | % | -14.4 | 0.0 | 0.0 | ||
Net profit margin | % | -246.4 | -77.9 | -115.4 |
To see how PSL LTD has performed over the last eight quarters, please visit here.
Over the last one year, PSL LTD share price has moved up from Rs 2.8 to Rs 1.1, registering a Loss of Rs 1.7 or around 62.0%.
Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 20,095.9 (up 0.4%). Over the last one year it has moved up from 18,096.3 to 20,095.9, a gain of 2,000 points (up 11.1%).
Overall, the S&P BSE SENSEX is up 14.5% over the year.
At the current price of Rs 1.1, the price to book value (P/BV) ratio of PSL LTD stands at 0.0 times.
Should you bet on this public sector defence shipbuilder?
For the quarter ended June 2019, PSL LTD has posted a net profit of Rs 166 m (up 43.0% YoY). Sales on the other hand came in at Rs 348 m (up 193.6% YoY). Read on for a complete analysis of PSL LTD's quarterly results.
More Views on NewsIn this video, I'll tell you why I am recommending caution in the market at this time.
A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
In this video I'll show you exactly how I go about picking stocks for trading.
100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
More
| |
Equitymaster requests your view! Post a comment on "PSL LTD Announces Quarterly Results (4QFY19); Net Profit Up 52.5%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!