Photoquip India Limited Reports Profit in Q1, Despite Revenue Decline
Photoquip India Limited (BSE: 526588) reported a net profit of Rs. 8.80 lakhs in Q1, compared to a loss of Rs. 10.92 lakhs in the same quarter last year. Total income decreased by 25.6% to Rs. 293.97 lakhs. EPS improved to Rs. 0.15 from Rs. -0.18 year-over-year. The Board of Directors approved the results on August 11 after review by the Audit Committee and statutory auditors. The company published the results in compliance with SEBI regulations.

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Photoquip India Limited , a company listed on the Bombay Stock Exchange (BSE: 526588), has announced its financial results for the first quarter, showing a return to profitability despite a decrease in revenue.
Financial Highlights
- Net Profit: Rs. 8.80 lakhs, compared to a loss of Rs. 10.92 lakhs in the same quarter last year
- Total Income: Rs. 293.97 lakhs, down 25.6% from Rs. 395.25 lakhs in the corresponding period
- Earnings Per Share (EPS): Improved to Rs. 0.15 from Rs. -0.18 year-over-year
- Total Comprehensive Income: Rs. 8.81 lakhs, compared to a loss of Rs. 10.90 lakhs in the previous year's quarter
Key Financial Data
Particulars | Current Quarter (Unaudited) | Previous Year Quarter (Unaudited) | % Change |
---|---|---|---|
Total Income | 293.97 | 395.25 | -25.6% |
Net Profit/(Loss) | 8.80 | (10.92) | - |
EPS | 0.15 | (0.18) | - |
Management Approval and Audit Review
The financial results were approved by the Board of Directors on August 11, following a review by the Audit Committee and a limited review by the statutory auditors.
Regulatory Compliance
In compliance with Regulation 30 and Regulation 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Photoquip India Limited has published the unaudited financial results for the quarter ended June 30 in Business Standard (English) and Mumbai Mitra (Marathi) newspapers on August 12. The company has also made this information available on its website.
Investor Communication
Pulin Soni, Director of Photoquip India Limited, signed the regulatory filing, demonstrating the company's commitment to transparent communication with its shareholders and the market.
While the company has managed to turn a profit this quarter, the significant decline in revenue may be a point of concern for investors. The management's strategies to address this revenue drop and maintain profitability in the coming quarters will be crucial for the company's performance outlook.
Historical Stock Returns for Photoquip
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+9.57% | +13.51% | +11.97% | -2.48% | -17.83% | +67.26% |