Premco Global hits new 52-week low post flop Q4FY22 show

Premco Global reported Consolidated Internet Gross sales at Rs25.94 crore in Q4FY22, down by 25.26% from Rs34.71 crore in Q4FY21. Whereas Standalone Internet Gross sales stood at Rs18.32 crore within the quarter ended March 2022, as in comparison with Rs20.59 crore in Q4FY21, down by 11.03% yoy.

Income for FY22 was reported at Rs131.91 crore as in comparison with Rs102.69 crore in FY21, up by 28.45% yoy.

PAT for FY22 was reported at Rs17.76 crore as in comparison with Rs15.72 crore in FY21, up by 12.98% yoy.

Premco’s Consolidated Internet Revenue stood at Rs2.26 crore in Q4FY22, registering a decline of 59.35% yoy towards Rs5.56 crore in Q4FY21. Standalone Internet Revenue was reported at Rs1.71 crore in quarter ended March 31, 2022, up by 124.49% yoy towards Rs0.76 crore within the earlier corresponding quarter.

Its EBITDA for Q4FY22 was reported at Rs5.00 crore in March 2022, down by 48.61% yoy as in comparison with Rs9.73 crore in March 2021.