Ganges Securities Ltd consolidated Q4FY23 net loss at Rs. 2.73 crore

Ganges Securities Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.4731 crores during the period ended March 31, 2023 as compared to Rs. 9.2687 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -2.7362 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.6345 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -2.74 for the period ended March 31, 2023 as compared to Rs. 0.64 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹4.4731 crs	₹9.2687 crs	-51.74%
Net Profit	₹-2.7362 crs	₹0.6345 crs	-531.24%
EPS	₹-2.74	₹0.64	-528.13%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.4.4731 crores during the period ended March 31, 2023 as compared to Rs.2.4361 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-2.7362 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-2.5362 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-2.74 for the period ended March 31, 2023 as compared to Rs.-2.54 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹4.4731 crs	₹2.4361 crs	83.62%
Net Profit	₹-2.7362 crs	₹-2.5362 crs	7.89%
EPS	₹-2.74	₹-2.54	7.87%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.41.2351 crores during the Financial Year ended March 31, 2023 as compared to Rs.34.2775 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.9.7469 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.7.9949 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.9.74 for the Financial Year ended March 31, 2023 as compared to Rs.7.99 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹41.2351 crs	₹34.2775 crs	20.30%
Net Profit	₹9.7469 crs	₹7.9949 crs	21.91%
EPS	₹9.74	₹7.99	21.90%

Shares of Ganges Securities Limited was last trading in BSE at Rs. 116.65 as compared to the previous close of Rs. 118.90. The total number of shares traded during the day was 116 in over 25 trades.

The stock hit an intraday high of Rs. 119.95 and intraday low of 116.40. The net turnover during the day was Rs. 13766.00.

Source : Equity Bulls

Keywords

GangesSecurities Q4FY23 FY2023 ResultUpdate