Canopy Finance Ltd Q1 FY2024 net profit up at Rs. 23.61 lakhs

Canopy Finance 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. 0.3669 crores during the period ended June 30, 2023 as compared to Rs. 0.2028 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.2361 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.0772 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.22 for the period ended June 30, 2023 as compared to Rs. 0.07 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.3669 crs	₹0.2028 crs	80.92%
Net Profit	₹0.2361 crs	₹0.0772 crs	205.83%
EPS	₹0.22	₹0.07	214.29%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.3669 crores during the period ended June 30, 2023 as compared to Rs.0.1176 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.2361 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.0666 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.22 for the period ended June 30, 2023 as compared to Rs.0.07 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.3669 crs	₹0.1176 crs	211.99%
Net Profit	₹0.2361 crs	₹0.0666 crs	254.50%
EPS	₹0.22	₹0.07	214.29%

Shares of Canopy Finance Ltd was last trading in BSE at Rs. 73.50 as compared to the previous close of Rs. 76.99. The total number of shares traded during the day was 3377 in over 33 trades.

The stock hit an intraday high of Rs. 77.98 and intraday low of 73.40. The net turnover during the day was Rs. 253342.00.

Source : Equity Bulls

Keywords

CanopyFinance Q1FY24 ResultUpdate