Glance Finance Ltd Q1FY22 net profit at Rs. 90.51 lakhs

Glance Finance Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.1.50 crores during the period ended June 30, 2021 as compared to Rs.0.847 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.9051 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0475 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.4.01 for the period ended June 30, 2021 as compared to Rs.0.21 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 1.50 crs	₹ 0.847 crs	77.1%
Net Profit	₹ 0.9051 crs	₹ 0.0475 crs	1805.47%
EPS	₹ 4.01	₹ 0.21	1809.52%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.1.50 crores during the period ended June 30, 2021 as compared to Rs.0.417 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.9051 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.2414 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.4.01 for the period ended June 30, 2021 as compared to Rs.1.07 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 1.50 crs	₹ 0.417 crs	259.71%
Net Profit	₹ 0.9051 crs	₹ 0.2414 crs	274.94%
EPS	₹ 4.01	₹ 1.07	274.77%

Shares of Glance Finance Ltd. was last trading in BSE at Rs. 52.3 as compared to the previous close of Rs. 49.95. The total number of shares traded during the day was 62 in over 3 trades.

The stock hit an intraday high of Rs. 52.4 and intraday low of 52.3. The net turnover during the day was Rs. 3243.

Source : Equity Bulls

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