Glance Finance Q3 FY2022 net profit jumps to Rs. 82.32 lakhs

GLANCE FINANCE LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 2.1464 crores during the period ended December 31, 2021 as compared to Rs. 1.6690 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.8232 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.3814 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 3.65 for the period ended December 31, 2021 as compared to Rs. 1.69 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 2.1464 crs	₹1.6690 crs	28.60%
Net Profit	₹0.8232 crs	₹0.3814 crs	115.84%
EPS	₹3.65	₹1.69	115.98%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 2.1464 crores during the period ended December 31, 2021 as compared to Rs.1.1776 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.8232 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.5172 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.65 for the period ended December 31, 2021 as compared to Rs.2.29 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 2.1464 crs	₹1.1776 crs	82.27%
Net Profit	₹0.8232 crs	₹0.5172 crs	59.16%
EPS	₹3.65	₹2.29	59.39%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.5.3223 crores during the 9 Months period ended December 31, 2021 as compared to Rs.3.2272 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.1092 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.2206 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.9.35 for the 9 Months period ended December 31, 2021 as compared to Rs.5.41 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹5.3223 crs	₹3.2272 crs	64.92%
Net Profit	₹2.1092 crs	₹1.2206 crs	72.80%
EPS	₹9.35	₹5.41	72.83%

Shares of GLANCE FINANCE LTD. was last trading in BSE at Rs. 58.80 as compared to the previous close of Rs. 57.95. The total number of shares traded during the day was 415 in over 17 trades.

The stock hit an intraday high of Rs. 61.05 and intraday low of 55.05. The net turnover during the day was Rs. 23815.00.

Source : Equity Bulls

Keywords

GlanceFinance Q3FY22 9MFY22 ResultUpdate