V B Desai Financial Services Ltd Q1 FY2024 net profit up at Rs. 13.15 lakhs

V.B.DESAI FINANCIAL SERVICES LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.8527 crores during the period ended June 30, 2023 as compared to Rs. 0.6019 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.1315 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0635 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.29 for the period ended June 30, 2023 as compared to Rs. 0.13 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹0.8527 crs	₹0.6019 crs	41.67%
Net Profit	₹0.1315 crs	₹0.0635 crs	107.09%
EPS	₹0.29	₹0.13	123.08%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.0.8527 crores during the period ended June 30, 2023 as compared to Rs.0.7545 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.1315 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0866 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.29 for the period ended June 30, 2023 as compared to Rs.0.19 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹0.8527 crs	₹0.7545 crs	13.02%
Net Profit	₹0.1315 crs	₹0.0866 crs	51.85%
EPS	₹0.29	₹0.19	52.63%

Shares of V.B.DESAI FINANCIAL SERVICES LTD. was last trading in BSE at Rs. 9.27 as compared to the previous close of Rs. 8.83. The total number of shares traded during the day was 8909 in over 19 trades.

The stock hit an intraday high of Rs. 9.27 and intraday low of 9.25. The net turnover during the day was Rs. 82544.00.

Source : Equity Bulls

Keywords

VBDesaiFinancialServices Q1FY24 ResultUpdate