Fusion Micro Finance Ltd Q2 FY2023 PAT higher at Rs. 95.05 crores

Fusion Micro Finance Limited has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 452.328 crores during the period ended September 30, 2022 as compared to Rs. 360.447 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 95.057 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 75.102 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 11.36 for the period ended September 30, 2022 as compared to Rs. 8.98 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 452.328 crs	₹360.447 crs	25.49%
Net Profit	₹95.057 crs	₹75.102 crs	26.57%
EPS	₹11.36	₹8.98	26.50%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 452.328 crores during the period ended September 30, 2022 as compared to Rs.267.113 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.95.057 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.211 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.11.36 for the period ended September 30, 2022 as compared to Rs.0.38 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 452.328 crs	₹267.113 crs	69.34%
Net Profit	₹95.057 crs	₹3.211 crs	2,860.36%
EPS	₹11.36	₹0.38	2,889.47%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.812.775 crores during the 6 Months period ended September 30, 2022 as compared to Rs.532.071 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.170.159 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.7.622 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.20.33 for the 6 Months period ended September 30, 2022 as compared to Rs.0.94 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹812.775 crs	₹532.071 crs	52.76%
Net Profit	₹170.159 crs	₹7.622 crs	2,132.47%
EPS	₹20.33	₹0.94	2,062.77%

Shares of Fusion Micro Finance Limited was last trading in BSE at Rs. 375.50 as compared to the previous close of Rs. 361.10. The total number of shares traded during the day was 170551 in over 7359 trades.

The stock hit an intraday high of Rs. 378.40 and intraday low of 361.55. The net turnover during the day was Rs. 63140937.00.

Source : Equity Bulls

Keywords

FusionMicroFinance Q2FY23 H1FY23 ResultUpdate