PCS Technology Reports Robust Q1 Results with Profit Growth
PCS Technology Limited announced its Q1 financial results, showing robust performance. On a consolidated basis, the company reported a total income of Rs 104.25 lakhs, profit before tax of Rs 53.77 lakhs, and profit after tax of Rs 44.43 lakhs. The earnings per share (EPS) stood at Rs 0.21. The company's 44th Annual General Meeting is scheduled for September 26 via video conferencing.
*this image is generated using AI for illustrative purposes only.
PCS Technology Limited , a player in the IT-enabled services related facility management segment, has announced its financial results for the first quarter. The company's board of directors approved the unaudited financial results, showcasing a strong performance in both standalone and consolidated figures.
Standalone Performance
On a standalone basis, PCS Technology reported a total income of Rs 102.81 lakhs for Q1. The company's profit before tax stood at Rs 52.45 lakhs, while the profit after tax reached Rs 43.45 lakhs. These figures indicate a solid financial performance for the quarter.
Consolidated Results
The consolidated financial results paint an even more promising picture. PCS Technology's total income on a consolidated basis was Rs 104.25 lakhs, slightly higher than the standalone figures. The consolidated profit before tax amounted to Rs 53.77 lakhs, while the profit after tax was Rs 44.43 lakhs, showing the positive contribution of its subsidiaries to the overall performance.
Key Financial Metrics
The company's financial health is reflected in its earnings per share (EPS) figures. Both basic and diluted EPS stood at Rs 0.21 for the quarter, applicable to both standalone and consolidated results.
Balance Sheet Highlights
PCS Technology's equity share capital remains stable at Rs 2,095.07 lakhs, indicating no changes in the company's capital structure during this period.
Segment Focus
The company continues to operate primarily in the IT-enabled services related facility management segment, which has been its core business area.
Audit Review and Board Approval
The financial results were reviewed by the company's auditors and subsequently approved by the board of directors in a meeting. The board meeting commenced at 1:00 p.m. and concluded at 2:10 p.m., as per the regulatory filing.
Annual General Meeting Announcement
In addition to the financial results, PCS Technology has also announced that its 44th Annual General Meeting (AGM) will be held on Friday, September 26, at 12:30 p.m. (IST) through Video Conferencing / Other Audio Visual Means (VC). This decision aligns with the ongoing trend of virtual shareholder meetings, ensuring wider participation while adhering to safety protocols.
PCS Technology's strong Q1 results, coupled with the announcement of its upcoming AGM, demonstrate the company's resilience and commitment to shareholder engagement in the evolving business landscape.
| Particulars (Consolidated) | Q1 (Rs in lakhs) |
|---|---|
| Total Income | 104.25 |
| Profit Before Tax | 53.77 |
| Profit After Tax | 44.43 |
| Basic & Diluted EPS (Rs) | 0.21 |
The company's performance in the first quarter sets a positive tone, with improved profitability and steady revenue streams in its core business segment.
Historical Stock Returns for PCS Technology
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.17% | -3.33% | -8.45% | -10.98% | -21.22% | +440.23% |
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