India's Prism Johnson rises after posting quarterly profit

Prism Johnson

15/05/2025 09:32

** Shares of Prism JohnsonPRIS.NS rise 6% to 141 rupees

** Co reports Q4 net profit of 1.21 billion rupees($14.2 million) compared to a loss of 305 million rupees, a year earlier

** Profit aided by one time gain of 1.47 billion rupees from sale of industrial premises

**  Co posts profit before one-off gains of 120.4 million  rupees compared to loss of 566.8 million rupees, aided by lower expenses

** Vols pick up post results announcement, currently at 7x their 30-day avg

** PRIS down 17.5% so far in 2025

 (Reporitng by Nishit Navin)

 ((nishit.navin@thomsonreuters.com;))