Stock Report

CreditAccess Grameen Ltd consolidated Q1 FY2024 PAT climbs to Rs. 348.46 crores



Posted On : 2023-07-21 23:36:02( TIMEZONE : IST )

CreditAccess Grameen Ltd consolidated Q1 FY2024 PAT climbs to Rs. 348.46 crores

CREDITACCESS GRAMEEN LIMITED has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1170.72 crores during the period ended June 30, 2023 as compared to Rs. 1066.24 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 348.46 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 296.57 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 21.80 for the period ended June 30, 2023 as compared to Rs. 18.59 for the period ended March 31, 2023.

Financials Q1 FY2024 Q4 FY2023 % Change
Total Income ₹1170.72 crs ₹1066.24 crs Up Tick / Down Tick9.80%
Net Profit ₹348.46 crs ₹296.57 crs Up Tick / Down Tick17.50%
EPS ₹21.80 ₹18.59 Up Tick / Down Tick17.27%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.1170.72 crores during the period ended June 30, 2023 as compared to Rs.760.52 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.348.46 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.138.55 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.21.80 for the period ended June 30, 2023 as compared to Rs.8.69 for the period ended June 30, 2022.

Financials Q1 FY2024 Q1 FY2023 % Change
Total Income ₹1170.72 crs ₹760.52 crs Up Tick / Down Tick53.94%
Net Profit ₹348.46 crs ₹138.55 crs Up Tick / Down Tick151.50%
EPS ₹21.80 ₹8.69 Up Tick / Down Tick150.86%

Shares of CREDITACCESS GRAMEEN LIMITED was last trading in BSE at Rs. 1316.45 as compared to the previous close of Rs. 1305.20. The total number of shares traded during the day was 3896 in over 490 trades.

The stock hit an intraday high of Rs. 1332.60 and intraday low of 1305.25. The net turnover during the day was Rs. 5138631.00.

Source : Equity Bulls

Keywords

CreditAccessGrameen Q1FY24 ResultUpdate