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Palred Technologies Ltd Q1FY24; 436% rise in Profits

Previously known as Four Soft Ltd. In 2013, after the sale of transportation and logistics software solutions business, it invested into Palred Electronics Private Limited (PEP) ,Palred Retail Private Limited and Palred Technology Services Private Limited (PTS). The Company’s main focus this year has been building the pTron brand. pTron brand offers a bouquet of mobile accessories products to meet the needs of its consumers.

Financial Results:

Palred Technologies Ltd reported Revenues for Q1FY24 of ₹0.38 Crores same from ₹0.38 Crore year on year.

Total Expenses for Q1FY24 of ₹0.40 Crores same from ₹0.47 Crores year on year, a equalled of 14.89%.

Consolidated Net Profit of ₹0.75 Crores up 435.71% from ₹0.14 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.61, up 335.71% from ₹0.14 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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