Glance Finance Ltd posts loss of Rs. 43.29 lakhs in Q1FY23

GLANCE FINANCE LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2.0668 crores during the period ended June 30, 2022 as compared to Rs. 2.6132 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.4329 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -0.0064 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.92 for the period ended June 30, 2022 as compared to Rs. -0.03 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2.0668 crs	₹2.6132 crs	-20.91%
Net Profit	₹-0.4329 crs	₹-0.0064 crs	6,664.06%
EPS	₹-1.92	₹-0.03	6,300.00%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2.0668 crores during the period ended June 30, 2022 as compared to Rs.1.5073 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.4329 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.9051 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.92 for the period ended June 30, 2022 as compared to Rs.4.01 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2.0668 crs	₹1.5073 crs	37.12%
Net Profit	₹-0.4329 crs	₹0.9051 crs	-147.83%
EPS	₹-1.92	₹4.01	-147.88%

Shares of GLANCE FINANCE LTD. was last trading in BSE at Rs. 57.05 as compared to the previous close of Rs. 53.90. The total number of shares traded during the day was 2081 in over 38 trades.

The stock hit an intraday high of Rs. 60.00 and intraday low of 55.00. The net turnover during the day was Rs. 122510.00.

Source : Equity Bulls

Keywords

GlanceFinance Q1FY23 ResultUpdate