Panther Industrial Products Q1 Results Revenue ₹32.42 Lakhs & Expenses ₹12.59 Lakhs

Panther Industrial Products Q1 Results

Panther Industrial Products earned ₹32.42 lakhs in revenue from its operations in the last quarter of 2024, which was less than the ₹40.29 lakhs earned in the previous quarter (December 2023), but much higher than the ₹7.21 lakhs earned in the same quarter of the previous year (March 2023). For the entire year ending March 2024, Panther Industrial Products made ₹72.72 lakhs, compared to ₹64.41 lakhs in the previous year, showing some growth.

Panther Industrial Products spent ₹12.59 lakhs in the last quarter of 2024, which is less than the expenses of ₹44.34 lakhs in the previous quarter but similar to the expenses of ₹17.90 lakhs in the same quarter of 2023. For the whole year, expenses totaled ₹56.94 lakhs, which is slightly more than the ₹44.74 lakhs spent in the previous year.

Panther Industrial Products’ after accounting for all expenses, the company made a profit before tax of ₹19.83 lakhs in the last quarter of 2024 and ₹15.78 lakhs for the entire year. This is a significant improvement from the loss reported in the previous quarter. Finally, the company’s earnings per share (EPS) for the year were ₹0.69, showing that the company has been able to generate profit for its shareholders.

Here's a summary of the standalone audited financial results for Panther Industrial Products for the quarter and year ended 31st March 2024:

Source: Here 

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Panther Industrial Products Financial Performance 

Panther Industrial Products table provides key financial metrics for a company. It highlights several important figures that help investors understand the company's financial health and performance. The Market Cap refers to the total market value of the company’s outstanding shares, which is usually expressed in crores of rupees (₹ Cr.). However, this value is missing in the table. The Current Price of the company's stock is ₹38.0, which tells you how much one share costs at the moment. 

Here's a breakdown based on the information provided and where more details might be needed:

Quarterly Results 

In December 2023, Panther Industrial Products had no sales and spent 0.22 crores on expenses, leading to an operating loss of 0.22 crores. Other income was 0.18 crores, resulting in a small loss before tax of 0.04 crores. The net profit was -0.05 crores, with an EPS of -0.36. In March 2024, expenses decreased to 0.12 crores, improving the operating loss to 0.12 crores.

Here is the data showing only the relevant particulars for Dec 2023, Mar 2024, and Jun 2024:

About Panther Industrial Products

Panther Industrial Products, originally known as Bhor Wavelock Industries, was established as a public company on October 19, 1987. The company received its Certificate of Registration from the Registrar of Companies in Maharashtra and initially had its registered office located on the Western Express Highway in Borivali (East), Mumbai. The company was authorized to begin its business operations on November 2, 1987.

On December 19, 1997, Panther Industrial Products changed its name. With this name change, the registered office was also relocated to Radha Bhuvan, situated on Nagindas Master Road in Fort, Mumbai. This new identity reflects the company's focus on industrial products and marks a significant step in its evolution.

Panther Industrial Products is listed on the Bombay Stock Exchange (BSE), one of the major stock exchanges in India, which provides it with a platform to raise capital and expand its business. The company's listing on the BSE signifies its commitment to transparency and adherence to regulatory standards, allowing it to attract investors and grow its operations in the industrial sector.