Prevest DenPro Limited Reports Robust Financial for FY23, 35.80% Jump in PAT and 30.60% Growth in Revenue on YOY

Read Time:2 Minute, 7 Second

New Delhi (India), April 28: Prevest DenPro Limited, a leading manufacturer of dental materials, has reported a 42 per cent increase in net profit in the January-March quarter of the financial year 2022-23 on improved sales. The company clocked a net profit of Rs 5.10 crore during the March quarter compared to Rs 3.58 crore in the December quarter. In the January-March period of FY22, the company’s posted a net profit of Rs 2.46 crore.

The company’s total revenue during the reporting quarter stood at Rs 14.10 crore, up 10 per cent QoQ and around 38 per cent YoY.

The total expenses came in at Rs 8.32 crore in the quarter as against Rs 7.48 crore in the December quarter and Rs 6.57 crore in the corresponding quarter last fiscal.

The earnings per share for the quarter under review grew 42 per cent to Rs 4.26.

Financial Highlights for FY23:

  • Total Revenue of Rs 51.89 crores, up 30% over FY22
  • EBITDA of Rs 21.63 crores, up 29.68% compared to last year
  • Profit After Tax of Rs 15.71 crores, up 36% over FY22
  • EPS of Rs 13.09 per share, up 35.80% compared to last year.

Financial Results (Year Ended FY2023) – YoY Comparison

The company has reported a total income of Rs.51.9 crores during the Financial Year ended March 31, 2023, as compared to Rs.39.7 crores during the Financial Year ended March 31, 2022.

The company has posted a net profit of Rs.15.7 crores for the Financial Year ended March 31, 2023, as against a net profit of Rs.11.5 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.13.09 for the Financial Year ended March 31, 2023, as compared to Rs.9.64 for the Financial Year ended March 31, 2022.

The company has a market cap of Rs 429.7 crore.

Prevest Denpro is a Jammu-based dental materials manufacturer. The company is primarily engaged in the business of manufacturing a comprehensive portfolio of dental materials.

The stock got listed on the BSE SME platform in September 2021. It yielded a whopping 115 percent premium over the issue price of Rs 84 on debut.

If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

The post Prevest DenPro Limited Reports Robust Financial for FY23, 35.80% Jump in PAT and 30.60% Growth in Revenue on YOY appeared first on Republic News Today.

Related Posts

KrispCall Unveils Exciting New Features at 21by72 Startup Summit Season 3 in Surat, India

Surat (Gujarat) [India], June 20: KrispCall, an emerging company in the cloud telephony industry, participated in the 21by72 Startup Summit Season 3, held on June 15-16, 2024, at Avadh Utopia,…

Pranik Logistics Files DRHP for Initial Public Offering (IPO)

New Delhi (India), June 20: PRANIK LOGISTICS LTD, India’s one of the fastest growing end-to-end logistics solution provider, supporting leading corporates such as Reliance, Nestle, Tata etc. has filed DRHP…

You Missed

Transforming Lives on Multiple Fronts: Naresh Dhoundiyal’s Noble Pursuits

  • By
  • June 20, 2024
Transforming Lives on Multiple Fronts: Naresh Dhoundiyal’s Noble Pursuits

Mastering Professional Boundaries: Nurturing Friendship with a Colleague in a Position of Authority

  • By
  • June 18, 2024
Mastering Professional Boundaries: Nurturing Friendship with a Colleague in a Position of Authority

Laha Sniffs The Scent of Redemption

  • By
  • June 15, 2024
Laha Sniffs The Scent of Redemption

HH Shri Rajrajeshwar Guruji Receives Bharat Gaurav Award in Paris, France

  • By
  • June 10, 2024
HH Shri Rajrajeshwar Guruji Receives Bharat Gaurav Award in Paris, France

Beyond the Stars: The Inspirational Journey of Nupur Chaurasia

  • By
  • June 3, 2024
Beyond the Stars: The Inspirational Journey of Nupur Chaurasia

Celebrity Chef Shipra Khanna Unveils Her Latest Culinary Masterpiece “Sinfully Yours – Just Desserts”

  • By
  • May 31, 2024
Celebrity Chef Shipra Khanna Unveils Her Latest Culinary Masterpiece “Sinfully Yours – Just Desserts”