Palpa Cement’s Net Profit Plunges 59% to Rs. 4 Crore in Q4 FY 2082/83 Despite 15.90% Revenue Growth
Summary
Palpa Cement Industries Limited's net profit fell 59% to Rs. 4 crore in the fourth quarter of fiscal year 2082/83 even as revenue from operations rose 15.90% to Rs. 4.77 arba. Earnings per share dropped sharply, while the company's share price closed at Rs. 595 with a P/E ratio of 557.91 times.
Key Points
- Palpa Cement Industries Limited reported net profit of Rs. 4.00 crore in Q4 FY 2082/83, down 59% from Rs. 9.75 crore a year earlier.
- Revenue from operations increased 15.90% to Rs. 4.77 arba, and other income more than doubled.
- Earnings per share fell 67.20% to Rs. 1.07, while net worth per share declined to Rs. 129.15.
- The company ended the quarter with a share price of Rs. 595 and a P/E ratio of 557.91 times.
