Consumer Durables News

Precot Second Quarter 2023 Earnings: ₹2.61 loss per share (vs ₹25.80 profit in 2Q 2022)


Precot (NSE:PRECOT) Second Quarter 2023 Results

Key Financial Results

  • Revenue: ₹2.36b (down 6.6% from 2Q 2022).
  • Net loss: ₹31.3m (down by 110% from ₹309.6m profit in 2Q 2022).
  • ₹2.61 loss per share (down from ₹25.80 profit in 2Q 2022).
NSEI:PRECOT Earnings and Revenue History November 14th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Precot’s share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for Precot (2 can’t be ignored!) that you need to take into consideration.

Valuation is complex, but we’re helping make it simple.

Find out whether Precot is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



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