India's Prism Johnson rises after reporting Q1 profit

Prism Johnson

07/08/2025 10:07

** Shares of Prism Johnson Ltd PRIS.NS rise as much as 4.9% to 152.9 rupees

** Building materials co reported a Q1 consol net PAT of 25.4 mln rupees ($289,570.89) compared to a loss of 77 mln rupees a year ago; net sales grew 9.7%

** Largest segment cement rev grew 18.1% y/y

** Co also approved capital raising of up to 5 bln rupees

** Mean analyst rating for stock is 'hold'; their median PT is 151 rupees - data compiled by LSEG

** PRIS last up 1.5%, cutting YTD losses to 14.3%

($1 = 87.7160 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))