Satin Creditcare Network Ltd reports consolidated PAT of Rs. 87.87 crores in Q1 FY2023-24

Satin Creditcare Network 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. 463.7173 crores during the period ended June 30, 2023 as compared to Rs. 437.3781 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 87.8731 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 98.6037 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 9.91 for the period ended June 30, 2023 as compared to Rs. 11.31 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 463.7173 crs	₹437.3781 crs	6.02%
Net Profit	₹87.8731 crs	₹98.6037 crs	-10.88%
EPS	₹9.91	₹11.31	-12.38%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 463.7173 crores during the period ended June 30, 2023 as compared to Rs.345.2735 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.87.8731 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-209.6959 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.9.91 for the period ended June 30, 2023 as compared to Rs.-27.95 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 463.7173 crs	₹345.2735 crs	34.30%
Net Profit	₹87.8731 crs	₹-209.6959 crs	141.91%
EPS	₹9.91	₹-27.95	135.46%

Shares of Satin Creditcare Network Limited was last trading in BSE at Rs. 215.10 as compared to the previous close of Rs. 200.95. The total number of shares traded during the day was 97375 in over 1451 trades.

The stock hit an intraday high of Rs. 216.50 and intraday low of 203.20. The net turnover during the day was Rs. 20438680.00.

Source : Equity Bulls

Keywords

SatinCreditcareNetwork Q1FY24 ResultUpdate