Stock Report

Confidence Finance and Trading Ltd Q4 FY2023 loss widens to Rs. 70.56 lakhs



Posted On : 2023-05-23 11:48:19( TIMEZONE : IST )

Confidence Finance and Trading Ltd Q4 FY2023 loss widens to Rs. 70.56 lakhs

Confidence Finance And Trading Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1.8022 crores during the period ended March 31, 2023 as compared to Rs. 3.6087 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -0.7056 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.2518 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -0.69 for the period ended March 31, 2023 as compared to Rs. 0.25 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹1.8022 crs ₹3.6087 crs Up Tick / Down Tick-50.06%
Net Profit ₹-0.7056 crs ₹0.2518 crs Up Tick / Down Tick-380.22%
EPS ₹-0.69 ₹0.25 Up Tick / Down Tick-376.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1.8022 crores during the period ended March 31, 2023 as compared to Rs.5.8791 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-0.7056 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-0.4246 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-0.69 for the period ended March 31, 2023 as compared to Rs.-0.41 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹1.8022 crs ₹5.8791 crs Up Tick / Down Tick-69.35%
Net Profit ₹-0.7056 crs ₹-0.4246 crs Up Tick / Down Tick66.18%
EPS ₹-0.69 ₹-0.41 Up Tick / Down Tick68.29%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.14.5690 crores during the Financial Year ended March 31, 2023 as compared to Rs.8.8089 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.0730 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.0.0181 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.0.07 for the Financial Year ended March 31, 2023 as compared to Rs.0.02 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹14.5690 crs ₹8.8089 crs Up Tick / Down Tick65.39%
Net Profit ₹0.0730 crs ₹0.0181 crs Up Tick / Down Tick303.31%
EPS ₹0.07 ₹0.02 Up Tick / Down Tick250.00%

Shares of Confidence Finance And Trading Limited was last trading in BSE at Rs. 4.45 as compared to the previous close of Rs. 4.54. The total number of shares traded during the day was 416 in over 7 trades.

The stock hit an intraday high of Rs. 4.45 and intraday low of 4.45. The net turnover during the day was Rs. 1851.00.

Source : Equity Bulls

Keywords

ConfidenceFinanceandTrading Q4FY23 FY2023 ResultUpdate